3.31 Midday Market Analysis

$BTC Market Judgment

The hourly chart shows BTC forming a standard bullish structure, with higher lows and highs continuously moving up and breaking new highs, indicating a clear short-term bullish trend.
Key Resistance Level: 68126
If this level is held steady, the market will likely push up to test the pressure at around 69506; if it fails to stabilize effectively, there’s no need to blindly turn bullish.
Reviewing yesterday’s movement: after touching 68126, the price pulled back, which is a normal correction after the liquidation of bearish liquidity. The chart shows two retests of the flag pattern’s lower boundary at 66412 support without breaking it, and an isolated low was formed, enough to prove strong support consensus at this level.

Core logic of the oscillation range:

1. Hold above 68126: continue the bullish attack, targeting 68993 → 69532;
2. Return to the inside of the flag for oscillation: 66750 is a strong defense line; if not broken, downside is limited; once broken, look for support at 65521;
3. Currently, the market is locked in a range of 66505-68128, waiting for a breakout to determine direction.

Practical trading strategies:
✅ Volume breakout above 68128, go long on the right side;
❌ Volume breakdown below 67223 with a weak rebound, go short on the right side with a small position, strictly set stop-loss.

Cycle resistance & support summary:
Upper resistance: 68128 → 68993 → 69532
Lower support: 67250 → 66181 → 65757
If the four-hour level breaks below 67137, further decline to the 66242-65525 range is expected.

$ETH Trading Ideas

Short-term key attack and defense levels are clear, focus on precise risk-reward control:
✅ Volume holds above 2073, go long on the right side, strictly set stop-loss;
❌ Volume breaks below 2047 support, follow the trend to short on the right side, prioritize risk control;
Buying opportunity on dips: if retesting 2013 confirms support, consider long positions; if it breaks below 1980, cut losses decisively.

Trend target forecast: Hourly stabilizes above 2073, aiming for 2127 → 2157;
High short positions: if reaching 2157, consider short; if breaking through 2197, exit immediately with stop-loss;
Left-side pending orders: place buy orders at 1923, stop-loss at 1888 for protection.

Deep pattern analysis: ETH is constrained by the upper boundary of the trumpet pattern at 2092; if not broken, upward space is limited; if retesting and breaking below the key bullish candle’s midpoint, the correction will continue.

Cycle resistance & support summary:
Upper resistance: 2073 → 2127 → 2157
Lower support: 2046 → 2010 → 1979
If the four-hour support at 2020 is broken, further decline to the 1981 → 1939 range is expected. #加密市场普遍上涨 #Gate金手指