3.18 Midday Market Analysis



BTC held consolidation yesterday, with a brief spike to 76000 followed by pullback and adjustment. The main directional bias remains bearish unchanged. The 4-hour timeframe showed slight divergence recovery but remains valid, pullback expectations persist, monitor volume expansion. Daily timeframe exhibited mild bearish divergence, after breaking 73000 upper resistance weakened, need to await volume changes, pullback expectations remain, weekly timeframe awaiting adjustment, main direction still bearish.

ETH follows BTC with synchronized consolidation, after breaking 2300 no obvious resistance above, bearish divergence structure broken, 4-hour remains in overbought zone, awaiting adjustment, daily timeframe broke out of shock range, resistance weakened, await stabilization before considering action, main direction still bearish.

Altcoin sector follows mainstream with slight gains, most tokens still have poor liquidity, await market stabilization before considering.

Fundamentals: Monitor US-Iran dynamics, Fed meeting early morning on the 20th, guard against black swan events.

BTC Trading Suggestion: Short at 74500-75000, stop loss at 76000, take profit at 73500-71500.

ETH Trading Suggestion: Short at 2340, add position at 2380, stop loss above 2400, take profit at 2310-2260.
BTC-1,89%
ETH-1,74%
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