Yueying: Bitcoin and Ethereum Market Analysis, Weekend Brief, Latest Trends (March 22)

Bitcoin's daily chart shows a bearish candlestick pattern, encountering resistance and downward pressure around the middle Bollinger Band. Intraday trading continued the downward trend. The Bollinger Bands are flattening and showing signs of downward movement, with short-term moving averages extending downwards. The MACD fast and slow lines have crossed downwards, and the histogram is turning green with increasing volume. The KDJ indicator is also trending downwards; watch for support near the 0 level. The VR indicator is consolidating around 110. On the 4-hour chart, after breaking below the lower Bollinger Band, the price is currently testing that support. The Bollinger Bands are flattening and showing signs of widening downwards, with short-term moving averages trending downwards. The MACD fast and slow lines have crossed downwards with increasing volume, and the KDJ indicator has turned downwards again. The VR indicator is consolidating around 40. Overall, the price has returned to its previous trading range. Since the structure hasn't changed significantly, the short-term strategy remains to treat it as a range-bound market. Resistance is seen below 71000, while support is seen above 67000. This is a short-term trading recommendation. Bitcoin short-term trading suggestions: Short at 70500, Long at 67500 (Take profits as needed after strategy activation). Ethereum's trend is similar to Bitcoin's and can be referenced accordingly. Although there was a slight rebound at the opening today, the momentum remains weak. Support is around 2000; if it breaks, look for support above 1930. Resistance is around 2150. See short-term suggestions. Ethereum short-term trading suggestions: Short at 2165, Long at 2020 (Click the image to see the homepage introduction for more cryptocurrency analysis). — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!