# 3-20 Morning Market Analysis

After a round of decline, the current market shows insufficient rebound momentum, with weak bullish counterattacks. We continue to favor a bearish trend today.

From the 4-hour timeframe perspective, BTC surged to refresh recent highs before successive large volume red candles pulled back, directly probing the lower band support. The gains from the past week have been essentially completely retraced, and the downtrend is clear and obvious.

The MACD bearish energy histogram continues to expand volume. Although bulls repeatedly attempt to test resistance using lower shadows, they still struggle to reverse the overall downward rhythm. Short-term rebound strength is weak, and the overall structure remains biased toward bearish.

## Trading Recommendations

**BTC**: Batch short in the 70600-71000 range, targeting 69000-68000 area

**ETH**: Batch short in the 2160-2180 range, targeting 2050-2100 area