3.31 Tuesday Night Bitcoin and Ethereum Latest Ideas and Analysis

Winter plants the seeds, spring waits quietly for the blossoms. True faith does not rely on market noise but is rooted in an understanding of technology and industry conviction. Looking back at Bitcoin’s afternoon movement from a midday high of 67,700 down to the current level of 66,187. Ethereum closely follows Bitcoin’s trend, dropping from its midday high to the current level of 2,021.

The current four-hour chart for Bitcoin shows clear bearish signals. Although the price experienced sharp volatility yesterday and briefly surged, the 68,000–68,500 zone formed a strong resistance. The price surged but then fell back without stabilizing above the key resistance level, indicating the exhaustion of bullish momentum. Given ongoing macro uncertainties and the technical bearish structure not being broken, the market is likely to face downward pressure in the short term, continuing to test support levels around 66,000 or even lower. Therefore, Old Lei continues the short-term bearish outlook tonight.

Evening Trading Strategy
Short Bitcoin near 66,500, target 65,000
Short Ethereum near 2,030, target 1,950