3.20 Midday Market Strategy



BTC Core Viewpoint

Short-term breakdown below 70406, but 69222 support remains effective. The downside probe was a pin bar false breakdown, and the support structure remains unchanged.
Current 70406 is the key dividing line between bulls and bears:
- Holding 70406 firmly opens a rebound with targets at 71613—72813;
- Pressure at 70406 leads to range-bound consolidation between 69222—70406;
- Effective breakdown below 69222 targets 68279—67335.

Previous downside probe failed to reach the equivalent downside target, bottoming and stabilizing. The downtrend has not confirmed its end.
If it retests without breaking the previous low at 68755, the probability of a rebound increases; breaking it expands the downside.

Practical Strategy
- Volume breakout above 70406: directly buy, targeting upper range;
- Volume breakdown below 69681 with failed retracement: directly sell, strict stop loss.

ETH Core Logic

Box bottom support is stabilizing, rebound facing key resistance line, with clear bull-bear demarcation.
Resistance: 2152—2189—2221
Support: 2128—2094—2057

Practical Strategy
- Volume breakout above 2152: directly buy, targets 2189—2221;
- Break below 2100: sell on trend;
- Retest 2061 support and stabilize to buy, stop loss at 2023;
- Short near 2221, stop loss at 2269;
- Pin bar setup: buy at 2038, stop loss at 2008.

Short-term box trading: follow on breakouts, act decisively at key levels, control risk strictly, and trade with the trend. #BTC #ETH $BTC $ETH
BTC0,84%
ETH-1,08%
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