$BTC 3.18 Night Bitcoin Ethereum Market Analysis and Trading Recommendations

Bitcoin has officially broken through the key psychological price level of 73,000 USD in today's downward fluctuation. The lowest point has touched 72,085, which carries significant technical significance: the 73,000 level is not only the lower edge of the previous dense trading zone but also the last defensive barrier for short-term bulls. With the loss of this critical position, the technical support below has been substantially "crushed", and the original support platform will transform into a strong resistance zone for the subsequent market.

At the same time, Ethereum's trend mirrors Bitcoin exactly, with both showing high synchronization and weak resonance patterns. Currently, the coin price has begun to approach the middle track, and observing the BOLL channel formation, the three lines show signs of transitioning from expansion to contraction, with prices running below the middle track. This indicates that the market's short-term momentum is weakening, and the price board has a tendency to seek further support at the lower track.

Since key support has been breached, upper pressure increases accordingly, and the BOLL indicator shows signs of contraction and decline. Our evening trading strategy should focus on selling on rallies. Pay attention to whether the 73,000-73,200 range (the broken support line) transforms into resistance; if it reaches this level, consider entry.

Evening BTC can short near 73,000, target 71,000
Evening ETH can short near 2,260, target 2,160#Gate13周年全球庆典