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#BTC 3.21 Midday Insights and Trading Suggestions
BTC
The daily support/resistance level provided by Bitcoin last night is at 83500. It only just tested the area around 83500 and did not 📉 break below it. The daily pattern still shows a rebound trend, and currently, it is just a four-hour level pullback consolidation. The resistance above is at 85000. As long as the four-hour closing breaks above 85000, it indicates that this minor level pullback consolidation is complete, and the market will continue to rise. Pay attention to whether this pressure level closes above. The target resistance above is at 87500. If it breaks through, look for levels around 91000 and 92500. Note ⚠️ that before the four-hour closing breaks above 85000, do not easily chase highs, and pay attention to the support levels below at 83500 and 82500.
ETH
Auntie was quite clear last night, right? If it doesn't stabilize above 2000 for an hour, and Hangqing rises so quickly, the support at 1960. Has the support also been reached? Those who got in must have made money 💴. Currently, it’s also in a four-hour consolidation. Don't easily look for a dip before it stabilizes above 2000 in the four-hour chart. You can pay attention to the defense in the range of 1960-1930 below. At least it needs to stabilize above 2000 on the four-hour chart for Hangqing to continue climbing. The upper target pressure is 2069.2150.
#BTC #ETH