3.29BTC Yifan Afternoon Market Analysis

$BTC This is definitely not an ordinary pullback, but a textbook-level "break-then-rebound-then-drop" classic pattern.

After the support line is effectively broken, the rebound is only a confirmation of resistance, and the upper resistance has firmly locked in the price range. From a technical perspective, this is a typical "last dignity" — the bears no longer need to pretend, and the downward momentum will be fully unleashed.

Historical patterns repeatedly confirm: after a false breakout at a high level, a significant breakdown of key support is inevitable.

On the operational side, $BTC focus on the resistance around 67,300; Ethereum traders should keep an eye on the 2050 resistance level. Those not holding short positions can consider setting up short opportunities at this level.

Early April is generally a time window when market liquidity is prone to fragmentation. Currently, with the resonance of technical structures combined with geopolitical conflicts and disturbances, if the market does not accelerate downward, it would be an unexpected surprise. $BTC $ETH#BTC