Saturday, March 23, 2024

After a night of decline, is the trend back to bearish?
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SEC Chairman: The crypto market needs "disinfection"
Extra: Which "poison" is going to be targeted again?
Ledger and Fidelity's spot Bitcoin ETF has seen continuous inflows for 49 days
**Extra: See! The attractiveness of the leader is still relatively strong~

- Daily chart: After breaking through the 61000 level, there was a slight pullback. If the pullback does not break this support in the future, it is still an upward trend.

- 1-hour chart: After a short-term pullback testing the 62700 level, it maintained oscillation. If this support is not broken in the future, there will be a rebound trend again.

II. Ethereum
- Daily chart: After breaking through the 3200 level, there was a slight pullback. If the pullback does not break this support in the future, it is still an upward trend.

- 1-hour chart: After a short-term pullback testing the 3250 level, it maintained oscillation. If this support is not broken in the future, there will be a rebound trend again.


I. Bitcoin
- Yesterday's view:

Summary: After a short-term break above the 65000 level, there was a slight pullback. If the pullback does not break this support in the future, there will be a continued rebound trend. The upper resistance is focused on the 70400 and 72800 levels;
If it breaks below, the pullback space will continue to expand, and the lower support is focused on the 63570 and 61300 levels.
- Future trend:

The future trend continued to decline after breaking below the 65000 level, and successfully reached the first target of 63570, with the lowest reaching 62294.
II. Ethereum
- Yesterday's view:

Summary: After a short-term break above the 3350 level, there was a slight pullback. If the pullback does not break this support in the future, there will be a continued rebound trend. The upper resistance is focused on the 3680 and 3810 levels;
If it breaks below, the pullback space will continue to expand, and the lower support is focused on the 3210 and 3070 levels.
- Future trend:

The future trend maintained oscillation below the 3350 level, reaching a low of 3250.

I. Bitcoin
Summary: After a short-term pullback testing the 62700 level, it maintained oscillation. If this support is not broken in the future, there will be a rebound trend again. The upper resistance is focused on the 66400 and 68900 levels;
If it breaks below, the pullback space will continue to expand, and the lower support is focused on the 60700 and 58900 levels.
II. Ethereum
Summary: After a short-term pullback testing the 3250 level, it maintained oscillation. If this support is not broken in the future, there will be a rebound trend again. The upper resistance is focused on the 3385 and 3530 levels;
If it breaks below, the pullback space will continue to expand, and the lower support is focused on the 3140 and 3030 levels.


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