Crypto Wave Chasing: 3.18 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference for Tonight, Information Interpretation

Crypto Wave Chasing: 3.18 Bitcoin (BTC) Market Analysis Reference:
Bitcoin surged and pulled back yesterday, subsequently entering a high-level consolidation phase. Intraday coin prices oscillate within the range, and the bullish offensive gradually slows. From the daily level perspective, coin price is firmly above MA5, MA10, MA30 moving averages, with moving averages in bullish alignment, mid-term uptrend remains solid; KDJ and RSI indicators are in the high-end strong zone, market sentiment is optimistic, but overbought signals have emerged simultaneously; In the MACD indicator, DIF and DEA maintain upward divergence, bullish core momentum has not been destroyed. Overall, the mid-term still maintains an uptrend, however the overbought pattern suggests short-term pullback risk exists, need to focus on the 73000-73500 support zone, the gain or loss of this area will determine short-term trend, operationally not recommended to chase highs blindly.
From the short-cycle hourly chart observation, on the 4-hour chart, Bitcoin price operates above the middle band of Bollinger Bands, overall still in the high-level oscillation zone, in the KDJ indicator the J value has pulled back to low levels, K and D values declining synchronously, MACD turns from positive to negative, indicator DIF breaks below DEA forming a death cross, short-term pullback sentiment is released, bullish momentum shows phase-by-phase decline; At the 1-hour level, price repeatedly saws around the middle band of Bollinger Bands, long-short competition intensifies, KDJ reverses at low levels, MACD green column slightly expands, bearish momentum has not completely subsided. Comprehensively viewing, short-term price is likely to consolidate and oscillate in the 73500-74800 zone, subsequently focus on the 4-hour Bollinger Bands middle band support near 73475, if broken through may further test the 72500-73000 zone seeking stronger support. It is recommended that crypto investors operate cautiously and implement risk control in advance!
Crypto Wave Chasing: 3.18 Bitcoin Short-term Reference:
Short position: Empty in 74800-75800 zone, stop loss 500 points, target look 74500-73500-72500,
Long position: Long in 72000-73000 zone, stop loss 500 points, target look 73500-74500,
Crypto Wave Chasing: 3.18 Ethereum (ETH) Market Analysis Reference:
Ethereum's intraday trend is relatively synchronized with Bitcoin. From the 4-hour chart, Ethereum price oscillates at high levels above the middle band of Bollinger Bands, MACD indicator DIF breaks below DEA forming a death cross, bullish momentum shows phase-by-phase decline, KDJ indicator J value pulls back to low levels, RSI retreats from the high-end strong zone, short-term pullback signals emerge; In the 1-hour chart, price retraces to the lower band of Bollinger Bands, in the MACD indicator the fast and slow lines approach the zero axis downward, KDJ indicator is at low levels, RSI retreats to the weakness zone, bearish sentiment is further released. Comprehensively viewing, Ethereum is still in the short-term pullback consolidation phase, need to focus on the 4-hour Bollinger Bands middle band support near 2260, if effectively broken through may further test lower levels.
Crypto Wave Chasing: 3.18 Ethereum Short-term Reference:
Short position: Empty in 2355-2395 zone, stop loss 30 points, target look 2300-2250,
Long position: Long in 2225-2255 zone, stop loss 30 points, target look 2300-2350,
This content is originally shared by 【Crypto Wave Chasing】, represents personal views only, article transmission has delays, for reference only, do not blindly operate! Hope everyone on the investment journey, no matter how the market changes, can adhere to their own principles, maintain rationality and calmness. #美联储利率决议 #比特币支撑阻力位分析 #Gate广场AI测评官 $BTC $ETH