Coin Sea Wave Chasing: 3.15 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference for Tonight, Information Interpretation

Coin Sea Wave Chasing: 3.15 Bitcoin (BTC) Market Analysis Reference:

Bitcoin continued its weak consolidation pattern over the weekend, maintaining an overall narrow range oscillation. Compared to this morning's price, there was a slight rebound. As of press time, the coin price was running near the 71800 level. From a daily chart perspective, BTC technical indicators show a balanced long-short position with short-term bulls slightly dominant. The BOLL indicator shows that price is running above the middle band with the upper band slightly opening, indicating the Bollinger Band is showing moderate expansion, suggesting short-term volatility space has opened, with bulls temporarily holding the initiative within the channel; the MACD indicator's fast and slow lines maintain an upward divergence with red columns continuing to expand, reflecting that bull momentum has not weakened, but caution should be exercised regarding the risk of high-level momentum gradually exhausting; the KDJ indicator is in the 50-80 neutral-to-strong range without obvious overbought blunting, short-term trends may continue; the RSI indicator value is close to 70, though not entering overbought territory, but approaching the threshold, implying upside chasing momentum is beginning to be constrained. Medium-term trends remain primarily oscillating upward, with core support at the 70000 integer level and around the Bollinger Band middle band at 68600, while upper resistance looks at the previous high of 74050 range.

Observing from the short-cycle hourly chart, on the 4-hour chart, price is between the Bollinger Band middle and upper bands, the Bollinger Band is consolidating with closure, the MACD fast and slow lines are converging showing signs of forming a golden cross, volume columns in negative values are gradually converging, reflecting that 4-hour level bearish strength is exhausting and bull momentum shows signs of re-accumulating; although the KDJ indicator's J value is in overbought territory but hasn't turned down yet, short-term still has upward momentum; the RSI indicator RSI1 is 72, in overbought territory, suggesting some selling pressure above, but has not triggered a clear pullback signal. It is expected that 4-hour level BTC will likely continue high-level oscillation with a strong bias, with upper resistance first looking at the Bollinger Band upper track and previous high of 73913. From the 1-hour chart perspective, current price has touched and pulled back from the Bollinger Band upper track, the Bollinger Band opening upward but the upward slope has slowed somewhat. The MACD indicator's fast and slow lines still maintain a golden cross with slight volume expansion, bull momentum has not completely exhausted; the KDJ indicator's J line has turned down with high-level death cross signals gradually appearing, the RSI indicator RSI1 is 66.33, has turned down from previous highs, moving away from overbought edge, further confirming that upper selling pressure is being released, short-term pullback pressure intensifying, upward attacking momentum clearly weakening. It is expected that short-term may retest support near the 1-hour/4-hour Bollinger Band middle track at 71100, if not broken, likely to continue testing upper resistance levels. Operationally, it is recommended to focus on buying on dips in the short term.

Coin Sea Wave Chasing: 3.15 Bitcoin Short-term Reference:
Short positions: 72200-73200 range short, stop loss at 74200, target 72000-71000,
Long positions: 69500-70500 range long, stop loss 500 points, target 71500-72500,

Coin Sea Wave Chasing: 3.15 Ethereum Short-term Reference:
Short positions: 2150-2180 range short, stop loss 30 points, target 2080-2030,
Long positions: 2045-2085 range long, stop loss 30 points, target 2100-2180,

This article is originally shared by [Coin Sea Wave Chasing], representing only personal views. The article has transmission delays and is for reference only, please do not blindly trade! Wishing everyone on the investment journey, no matter how the market changes, to stick to their principles, maintain rationality and calmness. #Gate广场AI测评官 #加密市场上涨 #比特币站上七万美元 $BTC $BTC $ETH