3.19 Thursday Morning Market Analysis by Mufeng Bitcoin experienced a sharp pullback yesterday, coming under pressure around 74,600 at midday and subsequently closing negative. It reached a low of 70,500 early this morning, representing a drawdown of approximately 4,000 points. This decline undoubtedly caught the bulls off guard, and everyone is asking—Mufeng, is the bear market here? Not exactly. The current market volatility is essentially the smart money's routine action of washing out weak hands and consolidating the bottom; from a technical perspective, the weekly-level bullish structure remains solid, and the MACD indicator's correction has not destroyed the overall uptrend. Morning Trading Recommendations: Buy near support levels with stop losses on effective breaks below support! BTC: Buy near 70,000, Target: 72,000-73,200 ETH: Buy near 2,130, Target: 2,280-2,310

JUST IN: Think Tank warns U.S. weeks from striking Iran; Israel to take prolonged action. This could sharpen regional risk premia across crypto markets. $BTC $ETH

#GateSquareAIReviewer Gate Square Daily | Mar 18 1️⃣ Product: Gate upgrades TradFi products, adding multi-asset and multi-leverage trading. 2️⃣ Market: Analysts say BTC may range between $68,000–$80,000 ahead of the Fed meeting. 3️⃣ Industry: SEC and CFTC issue new guidance, stating most crypto assets are not securities. 4️⃣ Macro: BofA survey shows rate-cut expectations cooling, with geopolitical risks replacing the AI bubble as the top tail risk. 5️⃣ On-chain: CryptoQuant notes BTC may face resistance at $75,000–$85,000. $BTC $GT