Coin Wave Chasing: 3.18 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference Tonight, Information Interpretation Coin Wave Chasing:

3.18 Bitcoin (BTC) Market Analysis Reference:
Bitcoin surged and retreated yesterday, subsequently entering a high-level consolidation phase with intraday price fluctuating within the range and bullish momentum gradually weakening. From the daily level perspective, the price stands firmly above MA5, MA10, and MA30 moving averages with bullish alignment, mid-term uptrend remains solid; KDJ and RSI indicators are in the high overbought zone with optimistic market sentiment, but overbought signals are emerging simultaneously; In the MACD indicator, DIF and DEA maintain upward divergence with core bullish momentum still intact. Overall mid-term maintains an uptrend pattern, however the overbought formation suggests short-term pullback risk exists, with focus needed on the 73000-73500 support zone - the gain or loss of this area will determine near-term direction, operationally not recommended to chase highs blindly.
From short-cycle hourly observation, on the 4-hour chart, Bitcoin price operates above the Bollinger Band middle band with overall high-level oscillation range; in the KDJ indicator, the J value has pulled back to low levels with K and D values declining synchronously, MACD turned from positive to negative with DIF crossing below DEA forming a death cross, short-term pullback sentiment releasing and bullish momentum experiencing phased decay; at the 1-hour level, price saws repeatedly around the Bollinger Band middle band with intensifying long-short competition, KDJ low-level turning point and MACD green columns with slight volume expansion, bearish momentum not fully subsided. Comprehensively viewed, short-term price is likely to oscillate and consolidate in the 73500-74800 range with subsequent focus on 4-hour Bollinger Band middle band support around 73475, further probing to 72500-73000 for stronger support if breached. Suggest coin friends operate cautiously and implement risk control in advance!
Coin Wave Chasing: 3.18 Bitcoin Short-term Reference:
Short: 74800-75800 range short, stop loss 500 points, target 74500-73500-72500
Long: 72000-73000 range long, stop loss 500 points, target 73500-74500
Short: 2355-2395 range short, stop loss 30 points, target 2300-2250; Long: 2225-2255 range long, stop loss 30 points, target 2300-2350, This article content originates from 【Coin Wave Chasing】 original sharing, representing personal opinion only, article transmission has delay, for reference only, do not operate blindly! Hope everyone on the investment journey, regardless of market volatility, can uphold personal principles, maintain rationality and calmness. #BTC $BTC $ETH