Bitcoin Strategy Analysis

Technical signals

Daily level: The price has dropped below the MA30 moving average (86,500 USD), MACD has formed a death cross with a decrease in the energy bars, and RSI (44) has entered the neutral bearish zone. The lower Bollinger Band support has shifted down to 79,500 USD, and if it breaks, it may trigger a larger correction.

4-hour level: The candlestick has been continuously bearish, EMA7 and EMA30 have formed a death cross, and the Bollinger Bands are opening downwards. Although the MACD is in the oversold zone, no bottom divergence signal has appeared. The short-term rebound needs to focus on the resistance level of 85,500 dollars.

Key price level

Support level: $83,500-$83,000 (Fibonacci 0.5 retracement level and psychological barrier); strong support at $79,500 (Bollinger Band lower limit).

Resistance level: $85,500-$86,000 (EMA15 moving average and the bottom of the previous fluctuation range); a breakthrough may test $87,000.

Operation Recommendations

Short position: Short with light volume when the price rebounds to the range of $85,500-$86,000, stop loss above $87,000, target $83,500-$83,000.

Long position: If the price stabilizes between $83,000 and $83,500, consider entering a small long position with a stop loss at $82,000 and a target of $85,000 to $86,000.

Supplementary strategy: Some analysts suggest to short near $84,500, with a stop loss at $85,000 and a target of $83,500-$82,800; or to short on a rebound at $85,200, with a target of $83,800.
 

Ethereum Strategy Analysis

Technical signals

Daily Level: Price has broken below the MA30 moving average ($1,950), MACD death cross continues to expand, KDJ is diverging downward. The lower support level of the Bollinger Bands is at $1,828, and on-chain data shows that exchange reserves have hit a new low.

4-hour level: The K-line is running along the lower Bollinger Band, the EMA moving averages are in a bearish arrangement, and the MACD energy bars have not shown convergence. After losing the psychological level of $1,900, the short-term focus should be on the support area of $1,800-$1,750.

Key Price Level

Support level: $1,850-$1,800 (weekly trend line); strong support at $1,750 (year-to-date low).

Resistance level: $1,950-$2,000 (EMA 15 moving average and previous oscillation platform); after breaking through, it may test $2,050.

Operation Suggestions

Short Position: Set up a short position as the price rebounds to the $1,950-$2,000 range, with a stop loss above $2,050 and a target of $1,850-$1,800.

Long position: If the price falls back to stabilize between $1,800 and $1,850, you can try a long position, with a stop loss at $1,750 and a target of $1,900 to $1,950.

Supplementary strategy: Some analysts suggest shorting in the $1,900-$1,930 range, targeting $1,850; or shorting on a retracement to $1,920, targeting $1,860.
 

Comprehensive Suggestions

Short-term trend: Bitcoin and Ethereum are both in a bearish dominant pattern, and caution is needed as prices may further test support levels (Bitcoin at $80,000 and Ethereum at $1,750).

Risk Warning: If the price stabilizes at the support level and rebounds with increased volume, a small long position may be attempted; if it breaks through the key support, timely stop-loss is necessary.

Long-term outlook: The Bitcoin halving event (April) may provide momentum for subsequent increases, while Ethereum needs to pay attention to on-chain supply shocks and changes in market sentiment.

The above analysis is based on the latest market data from March 29, and operations should be adjusted according to real-time market conditions.