3.19 BTC and ETH Evening Analysis

Brothers, many people got shaken out in this wave, but I, Xiao Zhuge, want to say that the more situations like this, the easier opportunities emerge.

Looking at the 1-hour and 4-hour structure, although the price is currently under pressure near 69K, the key point to watch is:

First, the bears are accelerating the release of emotions and are already close to the limit.

The 1-hour level shows continuous bearish candles with MACD death cross and volume expansion, but it's already entering the exhaustion zone. This decline is not the start of a trend but the tail end shaking out weak hands.

Second, the 4-hour lower band support has been repeatedly tested. The current price is close to the Bollinger lower band, which is a typical oversold zone. There's limited downside space, but once it rebounds, the elasticity will be very strong.

Third, volume is starting to show anomalies.

During the decline, there's volume expansion but no continued acceleration of crashes, which indicates that capital is picking up chips at low levels rather than pure panic selling.

Personal suggestions:
BTC: Enter longs at 68000-69000, target 71500
ETH: Enter longs at 2080-2120, target 2200