Tuesday, March 19, 2024

Will the bears continue to fall again yesterday?

① 20:30 US February Housing Starts Annualized
② 20:30 US February Building Permits Total

- Daily Chart: After breaking through the 62000 support level, there was a slight pullback. If the pullback does not break this support in the future, it will still be an upward trend.

- 1-hour chart: After a short-term break below the 69000 support level, there was a rebound. If the rebound does not break this resistance in the future, there will still be a downward trend.

II. Ethereum
- Daily Chart: After breaking through the 3400 support level, there was a slight pullback. If the pullback does not break this support in the future, there will still be an upward trend.

- 1-hour chart: After a short-term break below the 3660 support level, there was a rebound. If the rebound does not break this resistance in the future, there will still be a downward trend.


I. Bitcoin
- Yesterday's Viewpoint:

Summary: After a short-term break below the 69000 support level, there was a rebound. If the rebound does not break this resistance in the future, there will still be a downward trend. Pay attention to the support levels at 63900 and 61300;
If it breaks above, it will return to an upward trend. Pay attention to the resistance levels at 70300 and 72800.
- Future Trends:

After the rebound in the future trend failed to break the 69000 support level, it oscillated and fell, reaching a low of 66601.
II. Ethereum
- Yesterday's Viewpoint:

Summary: After a short-term break below the 3700 support level, there was a rebound. If the rebound does not break this resistance in the future, there will still be a downward trend. Pay attention to the support levels at 3400 and 3300;
If it breaks above, it will return to an upward trend. Pay attention to the resistance levels at 3780 and 3930.
- Future Trends:

After the rebound in the future trend failed to break the 3700 support level, it oscillated and fell, reaching a low of 3454.

I. Bitcoin
Summary: After a short-term break below the 69000 support level, there was a rebound. If the rebound does not break this resistance in the future, there will still be a downward trend. Pay attention to the support levels at 63900 and 61300;
If it breaks above, it will return to an upward trend. Pay attention to the resistance levels at 70300 and 72800.
II. Ethereum
Summary: After a short-term break below the 3660 support level, there was a rebound. If the rebound does not break this resistance in the future, there will still be a downward trend. Pay attention to the support levels at 3400 and 3300;
If it breaks above, it will return to an upward trend. Pay attention to the resistance levels at 3780 and 3930.


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