3.17 BTC/ETH Morning Analysis By Yifan

Good morning everyone. Looking at the 4-hour timeframe, although price is under pressure at elevated levels and has printed a long upper wick, the core midline support remains valid. The coin price has not effectively broken through the previous uptrend channel, and the bullish trend foundation has not been destroyed.

The current 4-hour indicator death cross at elevated levels is primarily a technical adjustment resulting from short-term profit-taking, representing normal pullback and accumulation during the uptrend, rather than a trend reversal signal. As bearish sentiment gradually releases, after price pulls back to key support levels, it will receive buying interest. Bulls are expected to regain momentum and break through the resistance zone.

Operationally, at this stage it is inadvisable to blindly short. Instead, focus should be placed on low-long opportunities at support levels:

- BTC (Big Coin): On pullbacks to the key support zone of 72,800–73,500, consider accumulating long positions in tranches with targets at 74,800–76,000. If broken, further watch for new highs. Yifan's 75,000 level mentioned in the early morning almost hit.

- ETH (Ethereum): On pullbacks to the 2,200–2,280 support level, can establish long positions with targets at 2,340–2,380. After stabilizing, uptrend continuation is expected.