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On the 4-hour chart, a double top structure has formed recently with two highs near 70685 and 71367. Currently, the price has broken below the key neckline level at 69860. From a technical perspective, the double top breakdown indicates increasing downside risk in the short term. The daily chart has closed with three consecutive bearish candles, with lower highs descending from 73909 to 71246 to 69840, a classic descending triangle bearish pattern, indicating that market momentum continues to shift downward.
From an indicator perspective, the 4-hour MACD fast and slow lines continue to diverge
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Crypto Coin Master: 3.20 Bitcoin (BTC)) Market Analysis Reference
4-hour chart: A bullish candle with a long lower shadow formed, testing support at the 69000 round level before rebounding sharply. There is obvious buying support at this position. Although the daily level shows three consecutive bearish candles in pullback, it hasn't broken through the key support at 68500 (previous low), and the chart is forming a potential double bottom structure.
From a technical indicator perspective: The 4-hour MACD is still in death cross, but the bearish momentum histogram is already shortening, indicat
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GateUser-01719cd0vip:
Wishing you great wealth in the Year of the Horse 🐴
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Coin Circle Mr. Coin: 3.19 Bitcoin (BTC) ) Market Analysis Reference
Many people have been asking these past two days—didn't we just break through a few days ago? Why is it starting to fall again? Don't worry, today we'll discuss what counts as "shakeout" after a breakout and what counts as "topping out." Let's look at the market movements everyone cares about.
From the 4-hour level, we can see a relatively obvious pullback signal: consecutive bearish candles have broken below the short-term key moving average—EMA7 support. This indicates that the short-term upside momentum has been interrupte
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UComesWealthComesWealthvip:
Wishing you great wealth in the Year of the Horse 🐴
3.18 Cryptocurrency Mr. Coin: Ethereum (ETH) ) Technical Analysis - Let's take a look at what changes have occurred in the Ethereum market. Has the pullback risk we were previously concerned about been eliminated? Today I'll use several key signals to tell you that the bulls are now in control. Looking at the 4-hour timeframe. On the evening of March 17 at 8 PM, this candle was very significant, with a long lower wick - a hammer candle. This is a typical "bottoming out" signal where price dipped down and was immediately pulled back up by bulls. Subsequently, several consecutive bullish candles
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Cryptocurrency Mr. Coin: 3.18 Bitcoin (BTC)) Market Analysis
Reference the recent market trends - many people are asking if we've topped out? Let's analyze the K-line chart and let the data speak for itself. First, looking at the 4-hour level, setting aside the 76000 high, we can see very clearly that a double top structure has formed. One top at 74799, another at 74800, almost perfectly aligned. What does this mean? It means price has twice tested this level and been rejected both times - there's significant selling pressure at this position. Now? Price has retraced from the double top and is
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3.16 Cryptocurrency Mr. Coin: Ethereum (ETH) Market Analysis Reference
For the 4-hour level, we can see a relatively obvious long upper wick, with the high reaching 2117.86, followed by pullback pressure. This indicates that the 2150 round number level above is now a hard resistance barrier with concentrated selling pressure. In the short term, it's still difficult to directly break through. Looking at the daily chart, the closing price has now maintained stability above 2100 for three consecutive days, but the price has been unable to effectively break the previous high of 2133. The highs are
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Coin Circle Mr. Coin: 3.16 Bitcoin (BTC) Market Analysis Reference
First, looking at the short-term, on the 1-hour timeframe, we just closed a K-line with a long upper shadow, touching a high near 71971, then rapidly pulling back. Currently, the 72000 round number level is facing very heavy selling pressure, and a direct breakthrough in the short term is unlikely. We anticipate further corrective testing.
However, if we extend the timeframe slightly and look at the daily level, the picture is completely different. The daily has closed 3 consecutive bullish candles, and today's K-line has genui
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3.15 Coin Circle Mr. Coin: Ethereum (ETH) ) Market Analysis Reference
From the K-line pattern perspective, Ethereum has been in a clear oscillating downtrend since the pullback from above 2200, with each successive high declining while the lows haven't yet confirmed an upswing—a textbook descending oscillation structure. Price rebounded to 2116 and was hammered down; it's currently testing the 2070-2080 zone, which serves as support from the previous MA20. The latest 4-hour K-line closed as a small bearish candle with upper and lower wicks, with bulls and bears battling at this level. Looking
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Crypto Coin Mr.: 3.15 Bitcoin (BTC) Market Analysis Reference
Friends, there are several key signals on this chart that we need to keep a close eye on! First, the 4-hour level has recently formed a textbook-style double top pattern (with two peaks at 73913.74 and 72249.99 respectively), with the neckline around 70500. Currently, the price is repeatedly fighting around this neckline. Once this level is effectively broken, technical selling pressure will rapidly emerge.
From the daily chart perspective, we've seen K-lines with long upper wicks for three consecutive days, indicating that the "hig
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3.14 Coin Circle Mr. Coin: Ethereum (ETH)) Market Analysis Reference
Let's take a look at Ethereum's trend. Ethereum's performance today is quite impressive, with intraday continuation of a rebound wave. The price has successfully broken through upward, breaking through the previous high of $2,200 resistance level that has been suppressing it. Although it touched a high of $2,210 before experiencing a pullback, with the price now running around $2,100, this rebound of over 100 points has completely reversed yesterday's weak consolidation pattern.
I must remind everyone here to adjust your oper
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Cryptocurrency Analyst Mr. Coin: 3.14 Bitcoin (BTC) Market Analysis Reference
Friends, let's take a look at today's intraday Bitcoin market action together. Today's overall movement has been following a pattern of rallying then pullback. From the early session to afternoon, the bulls actually attempted a rebound, but the previous resistance level we emphasized yesterday—around 73900—remains effective. After the price touched a high near 73870, it was quickly pushed down, and now it's trading back around the 71000 level. It's clear that the bulls' upward push has failed again, and momentum is f
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3.13 Coin Circle Mr. Coin: Ethereum (ETH) Market Analysis Reference Ethereum rebounded intraday, but the upper resistance at 2100 was not broken through. The upward momentum of bulls is weakening, and price has pulled back to the oscillation zone. The short term continues to consolidate within the range. Focus on the 2030 support level going forward; breaking below poses revision risk. Watch for 2100 breakthrough above; breaking through continues the uptrend. Looking at the short-cycle hourly chart, the Bollinger Bands show a contraction posture, currently maintaining range oscillation with ne
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Crypto Coin Mr.: 3.13 Bitcoin (BTC)) Market Analysis Reference
Bitcoin pulled back yesterday and bounced out. The price moved upward, but unfortunately failed to further break through the resistance above. Currently, the price has retraced back to around the 70000 line, with bulls and bears showing a deadlock. The pullback shows signs of stabilization. If we close positive again during the day, there is hope for further upside tests. The key focus above is around the previous high of 71300. If it breaks and stabilizes, the sideways pattern is expected to change. We hope all coin friends will p
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3.12 Crypto Circle Mr. Coin: Ethereum (ETH)) market analysis reference. Ethereum is also under pressure and retracing intraday. Currently, the price is around 2050. Yesterday, it repeatedly tested the previous high near 2085, facing resistance. If the rebound cannot break through this resistance level, and once the bullish momentum is exhausted, there is still a possibility for the price to go lower. Hope all crypto friends are prepared.
On the short-term hourly chart, the Bollinger Bands are narrowing, indicating that the short-term trend is facing resistance and beginning to retrace. Looki
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Crypto Circle Mr. Coin: 3.12 Bitcoin (BTC)) Market Analysis Reference Bitcoin retraced to the 69,000 support level yesterday and rebounded, with subsequent gains continuing. The short-term trend is again consolidating. During the day, the price rose to around 11,320 and faced resistance, continuing a wide-range oscillation pattern. However, the short-term trend is quite volatile, with the price hovering within a 2,000-point range. Please ensure proper risk management.
Looking at the short cycle hourly chart, the Bollinger Bands are narrowing. After the price formed a long upper shadow at $71
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3.11 Crypto Circle Mr. Coin: Ethereum (ETH)) Market Analysis Reference Ethereum's recent upward momentum has weakened. Intraday attempts to test the resistance above 2100 have failed to break through. Currently, there are no obvious signs of a breakdown, so the subsequent trend is expected to continue oscillating for a while. The current price is around 2050. In the short term, it has already touched the upper resistance. There are no signals of a range breakdown yet, and both bulls and bears are still in a stalemate. Therefore, our strategy remains to go short at high levels and long at low l
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Crypto Circle Mr. Coin: 3.11 Bitcoin (BTC)) Market Analysis Reference
Bitcoin continues its upward trend in intraday prices. As mentioned in yesterday's article, the resistance level to watch is the 70,000 mark for a breakout and stabilization. The rally is expected to persist. Currently, the trend is as anticipated, with the price testing higher again. On the 4-hour chart, the price reached a high of $71,777, forming a shooting star with a long upper shadow, followed by a pullback to around $70,000, highlighting short-term resistance. After three consecutive days of bullish closes on the dail
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3.10 Cryptocurrency Circle Mr. Coin: Ethereum (ETH)) Market Analysis Reference After Ethereum retraced to the low of 1910 intraday, it rebounded and the price returned above the 2000 level. Currently, the price is near 2030. The trend broke through the short-term resistance above and entered a wide-range oscillation pattern again. In the later stage, focus on the support at 1970. Mr. Coin believes that the retracement to the support below has not broken, and the overall oscillation pattern remains unchanged, so 1970 is also the dividing line between bulls and bears. The resistance above focuse
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Crypto Circle Mr. Coin: March 10 Bitcoin (BTC)) Market Analysis
Refer to Bitcoin's intraday rebound. Currently, the price has once again returned to the 69,000 level, approaching the high near 69,500. Multiple attempts to break through have failed. The short-term upward momentum has weakened, so until the trend breaks out again, it is not recommended for crypto enthusiasts to blindly chase the rally. Focus on the breakout of this area; if it can break through, there is a possibility for the price to further advance toward the 70,000 resistance zone. Please be prepared. Conversely, if it cannot
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