The tense situation between the US and Iran is causing short-term bearishness and increased volatility in the crypto market: • Geopolitical risks are rising, capital is fleeing high-risk assets, leading to a sharp drop in Bitcoin and mainstream coins, with panic intensifying. • High-leverage contracts are experiencing concentrated liquidations, making the market prone to rapid declines and rebounds. • Safe-haven funds are flowing into gold and crude oil, causing cryptocurrencies to temporarily lose their safe-haven attributes. • If the situation does not escalate further, the crypto market will quickly recover; continued escalation will lead to increased volatility and a generally weak trend. Focusing on BTC/ETH and key observation levels related to the US-Iran situation (as of 2026-03-03, spot reference), with trigger implications and response points: 1. Key Levels for Bitcoin (BTC) • Support (from strong to weak) ◦ 65,000: Strong support, institutional accumulation zone on dips, stable enough for light long positions (If it doesn’t go below 65,300, look for lower positions to add longs; if it breaks once, abandon and look for longs near the lower range, around 62-60) ◦ 63,000: Critical level, recent panic low, a break below signals further downside ◦ 60,000: Psychological and structural support, losing this indicates market weakening, at the lower end of the range. • Resistance (from near to far) ◦ 67,500: First target for intraday rebound, if volume increases, look for previous highs ◦ 68,500-69,000: Double top neckline, a breakout suggests a shift to sideways or bullish trend ◦ 72,600: Stabilizing above this level opens upward space, at the upper end of the range 2. Key Levels for Ethereum (ETH) • Support ◦ 1,900-1,910: Intraday critical defense zone, a break below could lead to rapid decline (Find positions to add longs between 1,920 and 1,850; if it breaks once, abandon and look near 1,750) ◦ 1,840: Recent low, strong support, losing this tests 1,800 • Resistance ◦ 2,000: Psychological barrier, from support to resistance, encountering resistance on rebound suggests shorting opportunities ◦ 2,070-2,100: Strong resistance zone, volume breakout indicates continuation of rebound 3. Trading Discipline (Must Follow in High Volatility) • Be patient, avoid impatience; don’t rush to buy or sell. Control your position sizes and avoid holding through large swings.
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MasterChuTheOldDemonMasterChu
· 3h ago
Stay strong and HODL💎
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MasterChuTheOldDemonMasterChu
· 3h ago
Wishing you great wealth in the Year of the Horse 🐴
#美伊局势影响 #BTC #ETH
The tense situation between the US and Iran is causing short-term bearishness and increased volatility in the crypto market:
• Geopolitical risks are rising, capital is fleeing high-risk assets, leading to a sharp drop in Bitcoin and mainstream coins, with panic intensifying.
• High-leverage contracts are experiencing concentrated liquidations, making the market prone to rapid declines and rebounds.
• Safe-haven funds are flowing into gold and crude oil, causing cryptocurrencies to temporarily lose their safe-haven attributes.
• If the situation does not escalate further, the crypto market will quickly recover; continued escalation will lead to increased volatility and a generally weak trend.
Focusing on BTC/ETH and key observation levels related to the US-Iran situation (as of 2026-03-03, spot reference), with trigger implications and response points:
1. Key Levels for Bitcoin (BTC)
• Support (from strong to weak)
◦ 65,000: Strong support, institutional accumulation zone on dips, stable enough for light long positions
(If it doesn’t go below 65,300, look for lower positions to add longs; if it breaks once, abandon and look for longs near the lower range, around 62-60)
◦ 63,000: Critical level, recent panic low, a break below signals further downside
◦ 60,000: Psychological and structural support, losing this indicates market weakening, at the lower end of the range.
• Resistance (from near to far)
◦ 67,500: First target for intraday rebound, if volume increases, look for previous highs
◦ 68,500-69,000: Double top neckline, a breakout suggests a shift to sideways or bullish trend
◦ 72,600: Stabilizing above this level opens upward space, at the upper end of the range
2. Key Levels for Ethereum (ETH)
• Support
◦ 1,900-1,910: Intraday critical defense zone, a break below could lead to rapid decline
(Find positions to add longs between 1,920 and 1,850; if it breaks once, abandon and look near 1,750)
◦ 1,840: Recent low, strong support, losing this tests 1,800
• Resistance
◦ 2,000: Psychological barrier, from support to resistance, encountering resistance on rebound suggests shorting opportunities
◦ 2,070-2,100: Strong resistance zone, volume breakout indicates continuation of rebound
3. Trading Discipline (Must Follow in High Volatility)
• Be patient, avoid impatience; don’t rush to buy or sell. Control your position sizes and avoid holding through large swings.