On March 13, 2026, Bitcoin and Ethereum both broke through key levels simultaneously. After oscillation in early trading, both chose to break upward, with Bitcoin reaching a high of 71988 and Ethereum reaching a high of 2148. As Bitcoin rose, gold prices declined, which may suggest that some traditional market safe-haven funds are being reallocated to crypto assets.

I. Bitcoin BTC

Price Action and Key Levels
BTC is trading above 71500. The 4-hour chart closed with a large bullish candle, showing strong bullish momentum.
Upper Resistance: Primary resistance is in the 72200-72600 zone. If successfully broken through, the next target will be 73000-74500.
Lower Support: The primary support following a breakout is at 70500-70000, with strong support zone at 68800-69200. As long as this zone holds, the short-term bullish structure will remain intact.

II. Ethereum ETH

Price Action and Key Levels
ETH is performing strongly, having risen nearly 10% so far this week. Current price is consolidating around 2100, with highs reaching 2148 USD.

Upper Resistance: Currently, the breakout situation in the 2165-2180 zone requires close attention. Once the daily closing price firmly settles in this zone, the uptrend channel will open, with the next target at 2220 USD, and potential progression toward the 2350-2420 consolidation platform.
Lower Support: Initial support at 2080-2100 (psychological level and breakout point), strong support at 2050 and 2000-2020 zone.

III. Trading Strategy Reference

· Breakout Trading: For BTC, monitor whether it can break and hold firmly above 72200 USD with volume; if successful, consider a small position long with targets toward 73000-74500 USD zone. For ETH, monitor the breakout situation at 2165-2180 USD.
· Pullback Trading: Seek entry opportunities near support levels following pullbacks.
Monitor BTC's support situation at 70000-70500 USD; for ETH, monitor the strength of support at 2080-2100 USD. If it stabilizes, this can be viewed as a defensive position for short-term long positions.