March 22nd, Kòngǔ: After a day of pullback, is the rebound over?

CN
1 year ago

Friday, March 22, 2024

After a day of pullback, is the rebound over?

① 21:00 - Federal Reserve Chairman Powell speaks at an event

② 22:00 - Federal Reserve Vice Chairman Jefferson hosts a panel discussion

③ 00:15 the next day - Federal Reserve Governor Barr delivers a speech

  1. Daily Chart: After breaking through the 61000 support level, there was a pullback. If the pullback does not break this support level, the upward trend will continue.

  1. 1-hour chart: After a short-term breakthrough of the 65000 support level, there was a pullback. If the pullback does not break this support level, there will be a continued rebound.

II. Ethereum

  1. Daily Chart: After breaking through the 3200 support level, there was a pullback. If the pullback does not break this support level, the upward trend will continue.

  1. 1-hour chart: After a short-term breakthrough of the 3350 support level, there was a pullback. If the pullback does not break this support level, there will be a continued rebound.

I. Bitcoin

  1. Yesterday's Viewpoint:

Summary: After a short-term breakthrough of the 66000 support level, the price continued to rise. If the pullback does not break this support level, there will be a continued upward trend. Resistance above is at 70400 and 72800;

If it breaks below, the pullback space will continue to expand, and the support below is at 63570 and 61300.

  1. Future Trend:

After the pullback, the future trend maintained a narrow range below the 66000 support level, reaching a high of 64550.

II. Ethereum

  1. Yesterday's Viewpoint:

Summary: After a short-term breakthrough of the 3360 support level, the price continued to rise. If the pullback does not break this support level, there will be a continued upward trend. Resistance above is at 3680 and 3810;

If it breaks below, the pullback space will continue to expand, and the support below is at 3210 and 3070.

  1. Future Trend:

After the pullback, the future trend maintained a range above the 3360 support level, reaching a high of 3590.

I. Bitcoin

Summary: After a short-term breakthrough of the 65000 support level, there was a pullback. If the pullback does not break this support level, there will be a continued rebound. Resistance above is at 70400 and 72800;

If it breaks below, the pullback space will continue to expand, and the support below is at 63570 and 61300.

II. Ethereum

Summary: After a short-term breakthrough of the 3350 support level, there was a pullback. If the pullback does not break this support level, there will be a continued rebound. Resistance above is at 3680 and 3810;

If it breaks below, the pullback space will continue to expand, and the support below is at 3210 and 3070.

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