CoinWave Riding the Tides: 3.13 Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference Today, Information Interpretation

CoinWave Riding the Tides: 3.13 Bitcoin (BTC) Market Analysis Reference:

Bitcoin continues its rebound trend with overall intraday price movements showing a pattern of volatile upward movement. From the daily chart perspective, Bitcoin's daily K-line has closed positive consecutively, with MA5, MA10, and MA30 at the daily level forming a bullish alignment providing support. The current coin price fluctuates near 72,300 hugging the Bollinger Band upper rail, the middle band turning upward, and the medium-term trend shifting from weak to strong; the KDJ three-lines are diverging upward, the MACD indicator DIF and DEA are approaching the zero axis with the histogram gradually expanding, confirming bullish signals at the daily level. However, RSI is approaching the 70 overbought threshold, with a possibility of short-term pullback for consolidation in the near term. Support levels to watch include the Bollinger middle band around 68,200. If the upper band resistance at 72,850 is broken, there is potential to open further upside space, with overall trend remaining predominantly bullish.

Observing from shorter-period hourly charts, at the 4-hour level, price has stabilized from lows and continued rising, currently breaking through the Bollinger Band upper rail with the channel opening upward, short-term bullish trend is clear; the KDJ three-lines are running at high levels with J value reaching 107.79, in the overbought zone, the MACD indicator DIF crossing above DEA with positive histogram, momentum gradually releasing, confirming sufficient bullish momentum at the 4-hour level. However, RSI1 has reached 81.72, entering deep overbought territory, with possibility of surging higher then pulling back, testing support in the near term. Support levels to watch include the 4-hour Bollinger middle band around 70,415 and 1-hour middle band around 71,000. If support holds and overbought pressure is digested, there is still momentum to challenge new highs subsequently, with overall short-term bias bullish but need to be vigilant of pullback risks.

CoinWave Riding the Tides: 3.13 Bitcoin Short-term Reference:
Short positions: 73,000-74,000 range short, stop loss 500 points, target 72,500-71,500
Long positions: 70,500-71,500 range long, stop loss 500 points, target 72,000-73,000

CoinWave Riding the Tides: 3.13 Ethereum Short-term Reference:
Short positions: 2,150-2,000 range short, stop loss 30 points, target 2,100-2,080
Long positions: 2,050-2,080 range long, stop loss 30 points, target 2,100-2,150

This article content is originally shared by [CoinWave Riding the Tides], representing only personal views. The article is sent with delays, for reference only, do not blindly operate! Hope everyone on the investment journey, no matter how the market changes, can adhere to their own principles, maintain rationality and composure. Deeply understand the characteristics, risks and return mechanisms of investment products, don't let short-term market fluctuations affect your emotions. Wishing all followers can have keen insight on their investment journey, seize opportunities, make each decision just right, ride the waves in the ocean of investment, and reap wealth and growth!!!#加密市场上涨 #比特币站上七万美元 #$BTC $ETH