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

From the current market structure, the market has entered a powerful control pattern. At the 4-hour level, the coin price has consistently relied on the upper Bollinger Band rail, presenting a steady oscillating upward posture. Although the market is not a one-sided violent rally, this "two steps forward, one step back" slow bull trend often indicates more sustainable momentum. It is worth noting that despite large fluctuation bases, each surge is accompanied by certain pullbacks to wash out floating chips, but the lows of the pullbacks continue to rise, and the price has already far surpassed the support area of the middle rail. This technical pattern indicates that the buying support below is very strong, and the current market mainstream is still firmly controlled by the bulls. Ethereum, as a leading indicator, has also presented the same strong style, further confirming the overall market recovery.

Switching to the 1-hour short-term level, the intentions of the bulls are clearer. We can see that the coin price consistently moves upward along the upper Bollinger Band rail. This way of running close to the super-strong track is a typical characteristic of bull market control. Although after refreshing the high point, the market has indeed experienced a certain degree of pullback correction, this is not a trend reversal. In a strong market, rapid rises and slow falls are the norm. This quick pullback is often a process of technical indicator repair, meant to wash out uncertain short-term chips and clear obstacles for subsequent surges. This pullback wave is more like accumulating strength for the next rally. Once the pullback correction is complete and stabilization signals appear, we remain firmly bullish, and the subsequent coin price is likely to continue seeking upward breakthroughs and reach new heights.

In the afternoon, Big Bitcoin can go long near 73500, targeting 75500
In the afternoon, Ethereum can go long near 2300, targeting 2400#比特币站上7.5万美元