3.16 Morning Bitcoin Analysis: Pullback does not break the 70,000 level, initiating the third attack!

On the 13th during the US session, BTC surged to reach 73,870, encountered resistance and pulled back to Saturday's low of 70,256; on Sunday, it climbed gradually, and early this morning, it decisively broke through 73,000;

From the hourly chart perspective, the midline supports the coin price moving upward steadily, currently stabilizing around 71,800; the lower support line has risen to 71,000.

In terms of volume, bullish momentum has cooled in the short term, so avoid taking long positions at high levels.

Both the 2-hour and 4-hour moving averages are aligned bullishly, with Bollinger Bands' three lines extending upward, and support levels at 72,000, 71,500, and 71,000 forming layered support;

The daily chart shows a good bullish structure, with expectations of a minor pullback to test lower support levels before resuming the upward trend.

BTC Suggestions:

Go long around 71,500, add to long positions around 71,000, with targets of 72,500 to 73,000.

ETH Suggestions:

Go long around 2,140, add to long positions around 2,110, with targets of 2,180 to 2,200.