3.23 Midday Market Analysis $BTC Hour-level highs and lows continue to decline, confirming a clear downtrend. We strongly advise against counter-trend operations. If you insist on trading against the trend, be prepared to accept stop-loss losses and avoid losing big over small gains. Previously, after the second dip at the 68188 level quickly recovered, I predicted a possible small double bottom, but subsequent K-lines consistently failed to hold above 69017, indicating this was only a weak rebound after a new low, not a bottom formation. It subsequently broke through 68190 and created a new low. BTC has not bottomed out yet: no exploratory long needles, no higher highs, the downtrend pattern remains unchanged. Running below 68190 for the long term, the previous low at 67310 will likely be broken, targeting 66588 below. Do not blindly chase the bottom. Trading Strategy • Volume breakout holding above 68196, chase longs on the right side, target 69053-69597; • Volume breakdown below 67513, right-side chase shorts if retracement fails; • 4-hour breakdown below 67331, looking at 66137-65099 below. Resistance: 68196-69053-69597 Support: 67527-66582-65193 $ETH Overall weak performance, 2068 is the key resistance at the lower bound of the box. Only a breakthrough offers the chance to return to the box and test 2121; failure to hold above this level makes it only a matter of time before the 2024 low is broken, targeting 1962 below. Trading Strategy • Volume breakout above 2060 chase longs, stop loss if broken, target 2097-2127; • Volume breakdown below 2035 chase shorts, take stop loss; • Retest 1990 support effective can go long, stop loss at 1908; • Rebound to 2127 can go short, stop loss at 2160; • Left-side pin bars: go long at 1936, stop loss at 1908. Resistance: 2060-2097-2127 Support: 2038-2007-1960 4-hour breakdown below 2035, looking at 1991-1959 below.#Gate13周年全球庆典 #加密行情震荡 #美伊战争进展 $BTC $ETH

🗞️ Crypto Daily | 23/03/2026 Key Highlights • MicroStrategy accumulated nearly 40,000 BTC in early March, reinforcing long-term conviction • Backpack announces TGE on March 23, attracting market attention • Japan rolls out retail lending with USDC via SBI VC Trade • Over 27,000 BTC moved to exchanges from whales and short-term holders, increasing sell pressure • Around ~$400M liquidations triggered as BTC dropped toward the $68K zone Macro News • Escalating Middle East tensions disrupt supply via the Strait of Hormuz, impacting ~20% of global oil flow • Federal Reserve faces higher-than-expected inflation, reducing expectations for rate cuts • Bank of England and Bank of Japan hold rates but warn about inflation risks • Brent oil rises above $113/barrel, increasing mining costs and pressure on crypto markets Market Overview • Bitcoin (BTC): ~$67,600 – $68,150, down >3%, lowest level since early March • Ethereum (ETH): ~$2,044 – $2,050, down ~5% • Altcoins: SOL, XRP, ADA all decline following the broader market trend • Liquidations: ~$299M in 24h, ~85% from long positions • Market context: Downside pressure driven by macro factors and risk-off sentiment #CryptoDaily

Big Bitcoin: Upper resistance: 69300-69500 Lower support: 66800 Current trend: Minor rebound testing the Bollinger Band midline at 68500, entering a small-scale consolidation phase Big Ethereum: Upper resistance: 2168 Lower support: 2005 Current trend: Minor rebound after decline, entering sideways consolidation phase, 2030--2080