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3.16 Morning Bitcoin Brief Analysis: Pullback Doesn't Break 70000 Level, Initiates Third Upward Attack!
On the 13th US session, BTC surged strongly and touched 73870, encountered resistance and pulled back to the weekend low of 70256; on Sunday it climbed gradually, and early this morning it broke through 73000 decisively;
From the hourly chart perspective, the mid-band relies on price movement moving up steadily, currently holding above 71800; the lower band support has risen to 71000.
In terms of volume, bullish momentum has cooled short-term, avoid catching highs.
Both 2-hour and 4-hour moving averages show bullish alignment, Bollinger Bands extending upward, with layered support below at 72000--71500--71000;
Daily chart shows good bullish structure, expect minor pullback to touch the lower support before pulling up again.
BTC Suggestion:
Buy around 71500, add positions around 71000, target 72500--73000;
ETH Suggestion:
Buy around 2140, add positions around 2110, target 2180--2200.
#加密市场上涨