$BTC 3.17 Afternoon Bitcoin and Ethereum Price Analysis and Trading Suggestions

From the current market structure, the market has entered a strong controlling pattern. On the 4-hour level, the coin price has consistently relied on the upper Bollinger Band presenting a stable upward oscillation trend. Although the market is not a one-sided violent rally, this "advance two, retreat one" slow bull movement often indicates more sustainable momentum. It is worth noting that despite the large fluctuation base, each surge is accompanied by certain retracements to wash out floating chips, but the retracement lows keep rising, and the price has already far broken away from the support area of the mid-band. This technical pattern shows that the buying support below is very strong, and the current main trend is still firmly controlled by bulls. Ethereum as a leading indicator also shows the same strong pattern, further confirming the overall market recovery.

Switching to the 1-hour short-term level, the bullish intent is clearer. We can see that the coin price continues to rise along the upper Bollinger Band, with this way of running close to the ultra-strong track being a typical characteristic of bull control. Although after refreshing highs, the market did experience a certain degree of pullback correction, this is not a trend reversal. In strong market conditions, rapid rises and slow falls are the norm. This kind of rapid pullback is often a process of technical indicator repair, meant to wash out hesitant short-term chips and clear obstacles for subsequent rallies. This pullback is more like charging for the next push higher. After the pullback correction completes and stabilization signals appear, we remain firmly bullish, and the coin price will very likely continue to seek upside breakout and create new highs in the following market.

In the afternoon, BTC can go long near 73500, target 75500
In the afternoon, ETH can go long near 2300, target 2400#比特币站上7.5万美元