Coin Wave Chasing: 3.18 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference Tonight, Information Interpretation

Coin Wave Chasing: 3.18 Bitcoin (BTC) Market Analysis Reference:

Bitcoin pulled back after surging yesterday and subsequently entered a high-level consolidation phase. Intraday prices are oscillating within the range with gradually weakening bullish momentum. From the daily level, the price is holding above the MA5, MA10, and MA30 moving averages with a bullish alignment. The mid-term uptrend remains stable; KDJ and RSI indicators are in the higher strong range with optimistic market sentiment, but overbought signals are emerging simultaneously; In the MACD indicator, DIF and DEA maintain upward divergence with bullish core momentum not yet broken. Overall, the mid-term maintains an upward pattern, but the overbought formation suggests short-term pullback risks. Focus on the 73000-73500 support zone, where gains or losses will determine short-term direction. Operationally, blindly chasing highs is not recommended.

From short-cycle hourly observation, on the 4-hour chart, Bitcoin price is running above the Bollinger Band middle band with overall high-level consolidation. The J value in the KDJ indicator has fallen to low levels with K and D values declining synchronously; MACD turned from positive to negative with DIF crossing below DEA forming a death cross, indicating short-term pullback sentiment release and phase weakness of bullish momentum; On the 1-hour level, price is repeatedly sawing around the Bollinger Band middle band with intensified long-short competition. KDJ turning at low levels and MACD green columns slightly expanding, bearish momentum has not completely faded. Comprehensively, short-term prices are likely to consolidate within the 73500-74800 range. Focus on the 4-hour Bollinger Band middle band support near 73475; if broken, it may further test the 72500-73000 range seeking stronger support. Recommend coin friends operate cautiously and manage risks in advance!

Coin Wave Chasing: 3.18 Bitcoin Short-term Reference:
Short positions: 74800-75800 range, stop loss 500 points, targets at 74500-73500-72500
Long positions: 72000-73000 range, stop loss 500 points, targets at 73500-74500

Coin Wave Chasing: 3.18 Ethereum (ETH) Market Analysis Reference:

Ethereum's intraday movement is quite similar to Bitcoin. From the 4-hour chart, Ethereum price is consolidating at high levels above the Bollinger Band middle band. MACD indicator DIF crosses below DEA forming a death cross with phase weakness of bullish momentum. KDJ indicator J value has fallen to low levels, RSI retreating from high strong range, short-term pullback signals are emerging; On the 1-hour chart, price has pulled back to the Bollinger Band lower band with MACD fast and slow lines moving down towards the zero line. KDJ indicator at low levels, RSI falling to weak range with further bearish sentiment release. Comprehensively, Ethereum is still in short-term pullback consolidation phase with focus on the 4-hour Bollinger Band middle band support near 2260. Effective breakdown may lead to further testing.

Coin Wave Chasing: 3.18 Ethereum Short-term Reference:
Short positions: 2355-2395 range, stop loss 30 points, targets at 2300-2250
Long positions: 2225-2255 range, stop loss 30 points, targets at 2300-2350

This article is originally shared by 【Coin Wave Chasing】, representing personal views only. The article has transmission delays and is for reference only. Do not blindly operate! Hope everyone on the investment journey, no matter how the market changes, can stick to your own principles and maintain rationality and composure. #美联储利率决议 #比特币支撑阻力位分析 #Gate广场AI测评官 $BTC $ETH