March 26 Night BTC/ETH Market Strategy

When the tree falls, the monkeys scatter—that's the true reflection of the current market bulls. Resistance levels are unable to be broken, and market participants are voting with their feet. Recently, no matter how hard the bulls try to recover, as long as they can't overcome strong resistance, they will be quickly swallowed by the bears. A move that could last a week might be wiped out in a single day by the bears. The overall environment is quite harsh right now, so protecting positions and staying alive is the top priority.

BTC: The night session will once again test the support at 69,000. If broken, the price could drop to the range of 67,150-69,000. Watch for the first rebound opportunity around 68,300 during the night session. Typically, the midpoint of the range provides resistance, and the short-term support levels of 70,250-70,960, if broken during the day, could become support levels. If a rebound occurs here, it might be a good opportunity to set up short positions.

ETH: Currently testing the old battleground of 2,038-2,075. Whether the bulls can once again exert resistance is uncertain—I also have doubts. The more times support is tested, the less effective it becomes. If this battleground is lost, the first support levels are 2,000-2,015, and the second support levels are 1,965-1,989. During the night session, if a rebound occurs to 2,100-2,139, consider adding short positions.