3.23 Monday Bitcoin Ethereum Morning Analysis

From the four-hour cycle analysis, the market is showing a continuous weak downtrend, forming a three consecutive bearish candlestick structure; the short-term trend will maintain a consolidation pattern or continue the weak unidirectional movement, with the key depending on the suppression strength in the Bollinger Band middle band area. If the rebound encounters resistance near the secondary resistance level of 69000, prices will continue the downtrend; as long as this suppression level remains effective, the short-term will likely pull back further to seek support. In terms of early trading strategy, it is recommended to continue operating in accordance with the current bearish trend.

Bitcoin around 68400 watch around 66500
Ethereum around 2080 watch around 2000