3.26 BTC/ETH Market Analysis:



Yesterday the market oscillated all day, and after waking up, the situation remains unchanged—no clear opportunities to work with. It continues to be in a convergence pattern, with the upper resistance untouched and the lower trendline support holding. This puts us in a passive position: going long isn't positioned right, going short isn't the right time yet. The only option is to stay silent and wait for the market to break out of this oscillation range.

Bitcoin yesterday's price closed above the Bollinger Bands midline, and today's opening continued directly above it. On the 4-hour timeframe, the Bollinger Bands upper band is opening downward, but both the midline and lower band are opening upward, with KDJ and RSI turning downward, while MACD bullish momentum continues to contract. Yesterday's rebound near 72,000 faced resistance and trended lower, but currently the midline support hasn't broken yet, so shorting isn't the right timing.

For intraday operations, I suggest watching more and trading less. For those looking to short at highs, you should at least wait until 72,000 tests resistance and faces rejection before considering a small position. Additionally, 74,000 above is strong resistance, so shorting too early is premature. Either use a small position with tight stops for quick exits, or be prepared for drawdowns and add on the way up at higher levels.

For those wanting to go long at lows, pay attention to the pullback strength. If the lower support at 69,000 holds, then consider buying the dip. If it breaks, then pursue shorts accordingly, with the next supports at 68,000 and 67,000, and then 65,000 further down.

For Ethereum, watch the upper resistance at 2,200 and 2,300—these are levels high shorts should focus on. If you want to go long at lows, the lower support at 2,100 cannot be lost. If it breaks, don't catch the dip; consider pursuing shorts instead, watching support levels at 2,050 and 2,000 below.#Gate正式接入Polymarket $BTC
BTC-2,04%
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