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March 7, 2026 ETH BTC SOL Intraday Market Trend Analysis
It's another happy weekend. After a decline last night, the market started to consolidate at the bottom. Today, we'll look at the bottom of this decline and the top of the overnight rebound. Only a break above the top will indicate a continued upward rebound, while a break below the bottom will signal a downward trend. If neither the top nor the bottom is broken, the market will continue to range sideways. I personally feel there might be a rebound, as the 4-hour timeframe has already dropped quite a bit, so it's time for a rebound!
However, on Saturday, it's uncertain whether there will be such large fluctuations. If there's no volatility, just rest well and enjoy life.
Market Analysis for Today:
Bitcoin (BTC): Pay attention to around 68,700. Only if it stabilizes above this level on the 1-2 hour timeframe will a rebound begin. Resistance levels to watch are around 70,000, 71,500, and 72,900.
If it cannot go above 68,700 today, then watch the bottom around 67,000. If the bottom cannot hold, a rebound is still possible. If it breaks below support levels, watch around 65,500, 63,900, and 62,400.
Ethereum (ETH): Focus on the 1,990 level today. Only if it stabilizes above this level on the 1-2 hour timeframe will a rebound start. Resistance levels are around 2,045, 2,090, and 2,135.
If it cannot go above 1,990 today, then watch the bottom around 1,953. If the bottom cannot hold, a rebound is still possible. If it breaks support levels, watch around 1,905, 1,870, and 1,834.
Solana (SOL): Pay attention to the 85 level today. Only if it stabilizes above this level on the 1-2 hour timeframe will a rebound begin. Resistance levels are around 87, 89, and 92.
If it cannot go above 85 today, then watch the bottom around 83. If the bottom cannot hold, a rebound is still possible. If support levels are broken, watch around 79, 76, and 72.