3.19 Bitcoin and Ethereum Evening Analysis

Brothers, many people got shaken out in this wave, but I have to say – it's exactly in times like these that opportunities are easiest to spot.

Looking at the 1-hour and 4-hour structure, although price is currently under pressure around 69K, the key point to understand is this:

First, the bears are rapidly releasing emotion and approaching their limit.

The 1-hour level shows consecutive red candles with MACD death cross and volume increase, but it's already entering the exhaustion zone. This decline isn't the start of a trend – it's the final phase shaking people out.

Second, the 4-hour lower band support has been repeatedly tested. Current price is hugging the Bollinger lower band, which is a typical oversold zone. There's limited downside left, but once we bounce, the elasticity will be very strong.

Third, volume anomalies are starting to appear.

During the decline there's volume, but no continued acceleration down. This indicates funds are accumulating chips at low levels rather than simple panic selling.

Personal suggestions:
Bitcoin: Enter long at 68000-69000, target 71500
Ethereum: Enter long at 2080-2120, target 2200