Mu Feng Views on Trends: 3.16 Bitcoin/Ethereum Daily Market Analysis with Trading Suggestions

On the weekly level, KDJ presents a golden cross at the bottom this week, but BOLL and MACD indicators remain under pressure, with MA10/MA30 daily moving averages synchronized downward. The trend shows significant selling pressure with strong resistance at the highs.

On the daily level, KDJ and MACD golden cross resonance occurred today, with price breaking above the BOLL upper band. MA moving averages show bullish arrangement with price touching the upper resistance zone of the consolidation box. Whether the breakthrough succeeds will determine the subsequent pace.

On the 4-hour level, KDJ, MACD, and BOLL show bullish resonance with position breaks and deviation, MA moving averages in bullish arrangement. However, coin price has a gap with the 5-day moving average. Price probed the consolidation box high without effective breakthrough, technical recovery is needed. Market is expected to retrace slightly. Operations should focus on shorting during rebounds. Specific levels for reference:

- BTC: Short around 73800-74500, target 72000

- ETH: Short around 2260-2290, target 2180

Warm reminder: The above analysis and suggestions are for reference only. Market conditions fluctuate rapidly and articles may lag behind actual developments. Please follow real-time guidance for actual trading operations. #加密市场上涨