#我的周末交易计划 Weekend Bitcoin market outlook is not optimistic, get prepared!

Crypto sector updates:
1. According to monitoring, Grayscale transferred a total of 3979 ETH through its Ethereum Mini Trust fund to the Cb Prime address, valued at approximately 852 million USDT at an average price of 2141.
2. According to monitoring, a mysterious whale once again purchased 3618 ETH at an average price of 2128 with 7.7 million USDT.
3. Early Bitcoin supporter Erik Voorhees' associated address increased holdings by over 5800 ETH at an average price of 2126.

Market developments:
1. On March 21, according to CBS News, multiple sources briefed on the matter revealed that U.S. Department of Defense officials have made detailed preparations for deploying U.S. ground forces to Iran.
2. U.S. President Trump: (regarding Iran) I don't want a ceasefire right now. We can talk with Iran, but I don't want a ceasefire.
3. On March 21, on the evening of the 20th local time, Iran issued a statement saying it had launched the 69th wave of "True Promise-4" operation that night. This operation targeted core Israeli areas including Tel Aviv, Acre, and Haifa regions, striking Israeli combat support enterprises, military-industrial sectors, and communication and radar facilities!
4. On March 21, the three major U.S. stock indices all closed lower, with the Dow falling 0.97%, Nasdaq falling 2.01%, and S&P 500 falling 1.51%.

Overall, the likelihood of interest rate hikes by the ECB and Bank of England is increasing, possibly as early as April. The Federal Reserve kept rates unchanged on Wednesday and predicted inflation will rise, while Chairman Powell stated that due to the impact of war, future policy paths face exceptionally high uncertainty. Against this backdrop, BTC operations should focus on shorting, and buying actions should be reduced and cautious!

Daily chart analysis: The coin price has tested the key support near the 30-day moving average of 69000 multiple times. Although it currently hovers around the 70000 whole number level, the rebound is weak. From a time perspective, the coin price sideways consolidation cycle has approached 1.5 months, meeting the conditions for a one-sided decline at any time. Additionally, since weekend market volatility is relatively mild, the probability of the coin price continuing lateral consolidation is relatively high!

Overall, buying actions need to be cautious, minimize entries, and shorting near resistance levels may be more attractive!

Upside: Pay attention to initial resistance near the 5-day moving average of 70997, further resistance around the 74000 whole number level!

Downside: Pay attention to initial support near the 30-day moving average of 69121, further attention to the lower Bollinger Band near 66214! (If the bears unexpectedly show volume spike, 62400 also needs to be considered)