Coin Sea Wave: 3.31 Cryptocurrency Market Bitcoin (BTC), Ethereum (Latest Market Analysis and Insights for Tonight

Coin Sea Wave: 3.31 Bitcoin (BTC) ) Market Analysis Reference:
Bitcoin experienced a surge this morning, but the upward trend failed to continue. The price touched the 68,400 level and faced resistance, pulling back and gradually giving up all previous gains. As of press time, the current price is around 66,600. From the daily chart, the current price is below the EMA moving averages, with short-term moving averages in a bearish alignment, indicating a mid-term downtrend. Technical indicators show that the KDJ lines are in the oversold zone with limited bullish rebound momentum; the MACD DIF and DEA lines are both below zero, with decreasing histogram bars indicating weakening bearish momentum but unclear bullish reversal signals; RSI lines are below 50, in a weak zone, not yet reaching extreme oversold levels, reflecting some easing of selling pressure but weak buying support. Overall, in the short term, prices are likely to remain weak and oscillate between 65,000 and 69,000, with key support at the 65,000 level. If broken, further decline to the 63,000-64,000 area is possible. Traders are advised to manage risks in advance.
On the short-term hourly chart, the 4-hour moving average system shows short-term downward pressure against the longer cycle, with the short-term EMA moving down and acting as resistance to the price. The mid-term trend remains bearish. The Bollinger Bands indicate the price is below the middle band, approaching the lower band, which provides short-term support. The market is in consolidation, with Bollinger Band width narrowing, suggesting a potential breakout direction. The MACD DIF and DEA lines are both below zero, with decreasing bullish momentum; RSI and KDJ indicators are also in the low zone, with slow momentum recovery. There is a short-term technical rebound demand, but without effective volume participation, the market is likely to weaken again and continue downward. It is recommended to wait for a pullback to enter long positions more safely.
Coin Sea Wave: 3.31 Short-term Bitcoin Reference:
Long positions: Buy in the 64,900-65,900 range, stop loss 500 points, targets at 66,800-67,800-68,800.
Short positions: Sell in the 67,800-68,800 range, stop loss 500 points, targets at 66,800-65,800-64,800.
Coin Sea Wave: 3.31 Ethereum (ETH) )Market Analysis Reference:
Ethereum’s movement is similar to Bitcoin, currently oscillating around the middle Bollinger Band on the 4-hour chart, with the upper band acting as short-term resistance and the 1968 level as a key support. The price has not yet broken out of the range, continuing to consolidate. The MACD shows DIF above DEA, with decreasing histogram bars, indicating that bullish momentum has not yet gained strength, and bearish pressure still dominates. RSI is below 50, showing weak bullish rebound potential. The KDJ lines are contracting and diverging downward, with J not in the oversold zone, lacking conditions for a bullish crossover in the short term. This suggests bearish momentum still has room to release, and a strong rebound is unlikely without a breakout signal from the Bollinger Bands.
Coin Sea Wave: 3.31 Short-term Ethereum Reference:
Short positions: Sell in the 2,075-2,115 range, stop loss 30 points, targets at 2,035-1,985.
Long positions: Buy in the 1,965-2,005 range, stop loss 30 points, targets at 2,035-2,085.
This content is originally shared by 【Coin Sea Wave】, representing personal views only. The article may have delays; for reference only. Do not operate blindly! We hope everyone stays true to their principles on the investment journey, remains rational and calm regardless of market fluctuations. )$BTC $ETH #加密市场普遍上涨 #以太坊基金会质押4620万美元ETH