2026.3.20$ETH $BTC $SOL Intraday Price Action Analysis

Good afternoon everyone, the overnight low hasn't been broken and we've seen a small rebound. The long positions from the bottom-touching rebound near the previous low didn't fill, which is understandable. What I really can't understand is chasing shorts near the previous low. I've given sincere advice, but I don't know if the brothers who chased shorts have exited.

For this rebound, watch the first resistance level first. The first resistance level is the daily-level bull-bear price. Only if the daily closes above the first resistance level can this pullback be considered complete. If it can't close above the first resistance level, it means the small-level rebound lacks strength. The intraday support can be used for short longs and is also a partial take-profit level for short positions.

Today is Friday, be careful of afternoon or evening volatility. If the whale suddenly pulls off a strong rebound, it's hard to say. This wave down from the top has already fallen quite a bit. Around the second resistance level is about a 50% rebound. For intraday shorting, conservative traders can wait at this position with good stop losses set.

Today's Market Analysis:

Bitcoin: Watch the 70,100 position today. As long as it holds above this level, the hourly level begins to rebound. Upper resistance at 714, 725, 735 these levels. If it breaks below 70,100 today and can't rebound back above, it means this small-level rebound is over, and the market heads down with support at 687, 673, 655 these levels.

Ethereum: Watch the 2,130 position today. As long as it holds above this level, the hourly level begins to rebound. Upper resistance around 2,165, 2,220, 2,282 these levels. If it breaks below 2,130 today and can't rebound back above, it means this small-level rebound is over, and the market heads down with support around 2,097, 2,060, 2,010 these levels.

SOL: Watch the 89 area today. Only if it holds above this level does the 4-hour level begin to rebound. Upper resistance at 92, 95, 97 these levels. If the 4-hour level can't close above 89 today, it means the small-level rebound lacks strength, and the market continues down with support at 86, 84, 82 these levels.