$BTC 3.18 Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions



From the 4-hour chart perspective, the price has been maintaining a strong position in the upper-middle band of the Bollinger Bands. Although the K-line shows an alternating yin-yang oscillation pattern, we can observe two key signals in the details: First, the body of each pullback bearish candle is shortening, and lower wicks are frequently appearing, indicating that the counter-attack power of bears is being naturally digested by the market, and the downward momentum continues to weaken; Second, the lows are continuously being raised, which is a typical uptrend continuation structure. Currently, the bulls clearly dominate, the market is trading time for space, digesting the resistance above while laying a solid foundation for the next wave of rallies.

Switching to the hourly chart, the trend structure becomes clearer—the coin price is running regularly between the upper, middle, and lower bands of the Bollinger Bands, forming a textbook-style oscillation consolidation pattern. From this morning until now, the price first completed a test of the lower support, then quickly rebounded, and is now probing the upper band again. This "bounce immediately upon touching bottom" characteristic indicates that the underlying support is very enthusiastic, and market sentiment is shifting back to optimism after the morning's hesitation.

The current smooth operation is not the end point of the market movement, but the starting point of the next phase. As long as the price holds the key support area and maintains the oscillation uptrend rhythm, the upside potential in the subsequent market is worth anticipating. Operationally, maintain patience and wait for the price to pullback to the hourly Bollinger Band lower or middle band support area, then build long positions in batches, awaiting the market sentiment to turn unanimously bullish again.

In the afternoon, Bitcoin can go long around 73500, targeting 75500
In the afternoon, Ethereum can go long around 2300, targeting 2400#SEC与CFTC新监管指引
BTC-2,11%
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