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

From the four-hour cycle perspective, although the price pulled back with four consecutive bearish candles after the surge, this is merely a technical correction for the previous rapid gains. The subsequent candlestick pattern clearly shows that the downward momentum is exhausted, and the market has entered a consolidation phase characterized by fragmented bearish and bullish candles. The battle between bulls and bears appears intense, but in reality, the bullish defense line is solid and the bearish counterattack is weak. This level of correction is quite normal within a bull market structure.

Shifting to the hourly timeframe, after a brief pullback to the lower support zone, the price quickly stabilizes around the $74,000 level with oscillations. This is an extremely positive signal, indicating strong buying interest from below and sufficient market absorption capacity. Short-term bearish momentum continues to weaken, while the overall uptrend channel and structure remain perfectly intact. The decreasing volume during adjustment suggests exhaustion of selling pressure; the firm consolidation pattern predicts the imminent arrival of a new round of upside push.

At present, every adjustment serves better upside movement. Since the uptrend structure remains perfectly intact, we should not be misled by short-term fluctuations. Operationally, I suggest maintaining strategic discipline—no need to chase highs, but rather patiently wait for callback and stabilization opportunities to enter. When the market completes its accumulation and capitulation signals appear, that will be the optimal timing to follow the trend, continuing with this major upswing to reach higher peaks!

Bitcoin can go long around 73,600, targeting 75,500
Ethereum can go long around 2,310, targeting 2,400#Gate13周年全球庆典