1. Current Price and Status (Morning of March 7, 2026) - ETH Current Price: 1980–1983 USD (≈66,700 USDT/CNY) - 24h Decline: approximately 4.1%, wedge lower boundary at 2050 broken, entering a bearish dominant, weak oscillation - Market: 1980 is a point of contention between bulls and bears, 4H is bearish, daily break below 2. Key Support/Resistance (Core Monitoring Points) Support (Defensive Lines Against Decline) - First Support: 1980–1985 (near current price, intra-day bulls and bears divide) - Critical Support: 1950–1960 (intra-day low, break accelerates decline) - Strong Support: 1900 threshold → 1880–1890 → 1840–1850 (mid-term defense) Resistance (Pressure Lines for Rise) - First Resistance: 2000–2010 (round number + previous support turned resistance) - Strong Resistance: 2030–2050 (original wedge lower boundary, only turns strong after reclaiming) - Critical Resistance: 2080–2100 (rebound limit) 3. Two Scenarios (Divided at 2000) Scenario A: Rebound Fails to Surpass 2000 (More Probable) - Trend: Rebound to 1990–2000 encounters resistance and falls back, unable to stabilize - Signal: 4H bearish structure, insufficient volume, continued selling pressure - Follow-up: Drop to 1950 → 1900 → 1880–1890; breaking 1900 looks toward 1840–1850 Scenario B: Stabilizes Above 2000 (Less Probable) - Trend: Volume breakout above 2000 with retest for confirmation - Signal: 4H bullish divergence, MACD golden cross, buying interest resumes - Follow-up: Rebound to test 2030–2050; only after breaking 2050 can it potentially return to a range-bound zone 4. Trading Recommendations (Current Price 1983) Short-term (Intra-day/4H) - Short (Priority) - Entry: Resistance at 1990–2000, short if encountered - Stop-loss: Above 2010 - Targets: 1950 → 1900 → 1880 - Long (Light Position, Trial and Error) - Entry: Stabilization at 1950–1960, go long - Stop-loss: Below 1940 - Targets: 1985–2000 (only rebound, no reversal expectation) Mid-term - Core: If 2050 is not reclaimed, trend remains bearish - Key: 1900 threshold determines whether a deeper correction occurs 5. Risk Reminder - Break below 2050, the bull-bear dividing line, short-term outlook is bearish - Correlated with BTC, March options expiration, and liquidity impacts; strictly control position size and stop-loss - 1983 is a contention point; only after stabilizing above 2000 can recovery be discussed Would you like me to organize these two directions into a point list (entry/stop-loss/take-profit) suitable for placing orders on Zhima Platform?

Bitcoin today’s outlook: The overall trend remains bearish. The current rally is just a rebound after a significant decline, not a reversal. In the short term, it has just pulled back, but the overall trend is still weak, with oscillations leaning bearish, and the momentum is moderate. Below 70,500 is a strong support, above 73,500 is a strong resistance. If it cannot break through, it may fall again. Bitcoin: A rebound to around 69,000 can be considered, with targets around 68,000-66,000. $BTC