#创作者冲榜 Market oversold correction! Under bearish pressure, the key attack and defense ranges have been set

Market Overview
On March 29, the crypto market experienced a sharp decline followed by a technical oversold correction, with BTC rebounding slightly after testing lows earlier.
Influenced by recent news such as Middle East geopolitical tensions, fluctuations in U.S. Treasury yields, and large liquidations of major cryptocurrencies, overall market sentiment remains cautious.
The market is dominated by on-chain supply and demand battles, with clear divergence among funds. The rebound volume is insufficient.

Key Opinions from Influencers
Top overseas crypto analysts interpret: Currently, the market is in a weak recovery phase after an emotional bottom, not a reversal trend. There is heavy resistance above, and before breaking through key resistance levels with volume, avoid chasing highs. Prioritize retesting lows for entry, operate with light positions, and strictly control overall exposure to avoid volatility risks.

Technical Structure: BTC daily chart shows a volume-contracted rebound, with obvious short-term moving average resistance, and the 4-hour chart maintains support in the low range.
ETH is recovering in tandem with Bitcoin but lacks independent momentum for strength. Overall, bulls and bears are temporarily balanced, and the trend remains unclear.

On-chain funds show high large liquidation numbers over the past 24 hours, indicating short-term speculative capital is fleeing. Spot exchanges’ mainstream cryptocurrencies have stable inflows and outflows, with long-term holders slightly increasing their positions.

Institutional ETF funds are diverging, with no unified signal of increased market entry.

Key Levels
BTC Support: 66,200 | Resistance: 67,800
ETH Support: 2,000 | Resistance: 2,080

Summary of Benefits
Bearish sentiment remains weak, and oversold correction lacks strong new volume. In the short term, expect range-bound oscillation around key levels, without breaking resistance or chasing highs. Use light positions for trial and error, strictly control stop-losses, and patiently wait for volume-driven trend changes.