3.16 Monday Intraday Analysis

The four-hour price surged higher and then faced resistance and pulled back. The three lines of the KDJ indicator have entered the overbought zone, showing clear signs that short-term bullish momentum is weakening. Although the MACD positive histogram is still expanding, the gap between DIF and DEA is narrowing, indicating that the bullish momentum may have peaked. The price is significantly away from the MA144 and MA169 moving averages, suggesting a need for a correction back toward the moving averages.

Personal suggestions, for reference only (strictly set stop-loss)
Bitcoin around 73,800 short, add on the dip at 74,800, targets 72,500, 71,000
Ethereum around 2,275 short, add on the dip at 2,335, targets 2,200, 2,130