3.23 Latest BTC.ETH Chart Analysis: Undercurrents Stirring, Dips Present Buying Opportunities



During last night's sharp decline, we nearly pierced key support levels. Although the morning continued to show selling pressure with volume expansion, the pullback momentum has not yet been fully confirmed. This wave of bearish momentum is reaching its final stage, while bullish forces are quietly brewing a recovery.

From the four-hour perspective, although we're seeing consecutive down candles exploring lower levels, the downward slope is gradually narrowing, bearish momentum is clearly weakening, the downtrend channel is being progressively repaired, and the market is tilting toward a bullish warming direction. After breaking through the 68000 round number level in the morning, no effective sustained selling pressure formed. Instead, the market is repeatedly testing the bottom at lower levels, which is a signal that bearish momentum is exhausted and the market is gradually turning positive.

Bitcoin: Pay attention to support around 67500. Once it stabilizes, we can establish long positions, targeting the resistance level around 69500.

Ethereum: Add long positions near 2030, targeting resistance near 2100.

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BTC-1,79%
ETH-3,03%
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