March 27 Evening Analysis



Currently, Bitcoin has sharply fallen to a key support level. The Federal Reserve's interest rate cut expectations have been realized, and the negative news has been fully priced in; institutions are accumulating on dips, ETF funds are experiencing net inflows, short-term panic selling is clearing out, and rebound momentum is building. The 1-hour Bollinger Bands lower band is around 66,711, with the price touching 66,187, entering the strong support zone of 66,000-66,800; Bollinger Bands are narrowing, the downtrend is weakening, and technical correction is underway, with the target at the middle band of 68,290.

Trading suggestion: Do not break below 66,000; consider light positions, control exposure, with a target around 68,000. $SOL $ETH
SOL-4,33%
ETH-3,44%
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