煌道 | 交易之道|3月 20, 2026 00:52
3.20 US and Chinese stock markets enter bear territory, crypto continues to rebound
1. The weekly chart for A-shares has formed a double top. If it breaks down effectively, the bull turns bear. This trend is similar to BTC topping out in Q4 last year.
2. The S&P has already broken below the bull market support zone and is also facing a breakdown from the top consolidation range.
3. Many people are starting to look at $BTC hitting $50K again. My view is quite the opposite—the independent rebound in the crypto market isn’t over yet, especially with $ETH still above the EMA20. Crypto rebound continues.
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