$BTC 3.18 Afternoon Bitcoin and Ethereum Market Analysis and Trading Recommendations



From the four-hour chart perspective, prices have consistently maintained a strong position in the upper band of the Bollinger Bands. Although K-lines display oscillating patterns of alternating ups and downs, we can observe two key signals in the details: First, the body of each pullback candle is shortening, with lower wicks appearing frequently, indicating that the bearish retaliation force is being naturally absorbed by the market, with weakening downside momentum. Second, the lows are being pushed higher, which is a typical uptrend continuation structure. Currently, the bulls clearly hold dominant control, and the market is trading time for space, digesting upward resistance while laying a solid foundation for the next wave of upside.

Switching to the hourly chart, the structure becomes clearer—the price moves regularly between the upper, middle, and lower bands of the Bollinger Bands, forming a textbook-style oscillating consolidation pattern. From this morning to now, the price first completed a test of the lower support, followed by a sharp rebound, and is currently testing the upper band again. This "bounce on every touch of the bottom" characteristic indicates very strong buying interest below, and market sentiment, after morning hesitation, is turning optimistic again.

The current stable movement is not the endpoint of the market, but the starting point of the next phase. As long as the price holds key support areas and maintains the rhythm of oscillating upward movement, the upside potential in the following market is worth anticipating. Operationally, remain patient and wait for the price to pull back to the support area of the hourly Bollinger Band's lower or middle band, then establish long positions in batches, waiting for market sentiment to turn consistently bullish again.

In the afternoon, Bitcoin can go long around 73500, targeting 75500
In the afternoon, Ethereum can go long around 2300, targeting 2400#SEC与CFTC新监管指引
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