$BTC 3.18 Early Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions



From the current structure perspective, the price in the key bullish-bearish dividing area has not experienced panic selling, but rather chosen repeated oscillation and consolidation, which in itself is a bullish signal. Particularly on the four-hour timeframe, although the early session saw a rally followed by a pullback with a long upper wick, this technically creates an illusion of a near-term top.

Currently, the market has halted the early morning decline and begun oscillating upward. The key focus going forward is clear: whether the current price can effectively stabilize above the previous key resistance level. Once this is successfully accomplished, the "resistance-to-support" bottom and top reversal will be formally established, opening space for the next phase of rebound or even reversal.

Therefore, in the early morning trading approach, we can maintain a predominantly long bias strategy. Before the lower strong support zone is effectively broken down, there is no need to panic due to oscillations. Patiently waiting for low buying opportunities following pullback confirmation may be a more prudent choice for the early morning session.#比特币站上7.5万美元
BTC0,75%
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