3.17 Market Analysis



Federal Reserve meeting imminent, market risks surge at elevated levels, beware of whipsaw moves.

Pre-meeting gains have frontrun positive catalysts, increased volatility around the meeting, post-meeting pullback and liquidation likely.
Daily timeframe at highs without pullback, multi-timeframe convergence presents significant downside risk, refrain from chasing rallies.
Technical 1-hour bearish divergence, conditions favor short positions; BTC stalled yesterday, may see delayed bounce before pullback today.

BTC
Rally failure and pullback, potential bounce today, but pullback may occur at highs anytime
Support: 73200, 71500
Resistance: 75555, 77200

ETH
Avoid chasing squeeze moves, await short signals, prone to multi-timeframe convergence decline in recent days
Support: 2250-2270, 2200
Resistance: 2400, 2450, 2480-2500

Operations: Short bias as primary strategy, await signals, strict position sizing and stop-loss discipline
Risk: Fed meeting uncertainty + high-level convergence, guard against whipsaw scenarios
BTC0,42%
ETH1,95%
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