Coin Sea Wave Chasing: 3.22 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference for Tonight, Information Interpretation

Coin Sea Wave Chasing: 3.22 Bitcoin (BTC) Market Analysis Reference:
Bitcoin's short-term price dipped and rebounded sharply this morning, touching around 68200 at the low before the rebound was halted. As of press time, the coin price is oscillating around 68400. From a daily chart perspective, after the K-line closed with an adjustment, the current price has fallen below the short-term moving average. The 7-day, 15-day, and 20-day EMAs have all turned downward, showing a short-term weakening trend in the moving average system. The KDJ indicator's three lines are diverging downward simultaneously, with the J value entering the oversold zone without showing reversal signals yet, indicating bears remain dominant. In the MACD indicator, DIF crossing below DEA is forming a hidden bearish divergence, volume bars are gradually shrinking and turning negative, with declining momentum and further deterioration of bullish energy. The RSI indicator's three lines have all fallen below 50, confirming short-term bear dominance. Only the Bollinger Band lower rail and previous support levels in the 66000-67000 range provide limited support, with subsequent trends likely to continue correcting.
From the observation of short-cycle hourly charts, currently on the BTC 4-hour chart, price has broken through all short-term EMAs (7/15/20) and intermediate EMA30, long-term EMA120. The moving average system shows bearish arrangement, Bollinger Band opening downward with price hugging the lower rail, bearish trend is clear. KDJ three lines diverging downward with J value approaching the oversold zone, MACD forming a bearish divergence with expanding volume bars, RSI three lines all falling below 40, market sentiment extremely weak, short-term rebound momentum feeble. For subsequent trends, price will likely continue correcting. If the recent low point of 68200 is broken, it will further probe the 66000-67000 support zone. If price temporarily stabilizes and rebounds, the 70000-70500 range above will face double pressure from EMA30 and Bollinger midline, with breakout difficulty being extremely high. Overall trends remain biased bearish with oscillating decline, requiring vigilance against further downside exploration of intermediate support levels.

Coin Sea Wave Chasing: 3.22 Bitcoin Short-term Reference:
Short position: 69500-70500 range short, stop loss 500 points, target 68500-67500
Long position: 66500-67500 range long, stop loss 500 points, target 68500-69500

Coin Sea Wave Chasing: 3.21 Ethereum Short-term Reference:
Short position: 2130-2180 range short, stop loss 30 points, target 2080-2020
Long position: 1995-2025 range long, stop loss 30 points, target 2070-2150

This article content is originally shared by 【Coin Sea Wave Chasing】, representing only personal views. The article is sent with delays and is for reference only; please do not blindly execute trades! I hope everyone on the investment journey, regardless of how the market changes, can stick to their own principles, maintain rationality and composure. Deeply understand the characteristics, risks, and profit mechanisms of investment products, and do not let short-term market fluctuations affect your emotions. Best wishes to fan friends on the investment journey to have keen insight, seize opportunities, make every decision with precision, ride the waves in the sea of investment, and harvest wealth and growth!!! #加密行情震荡 #比特币支撑阻力位分析 $BTC $ETH