Coin Wave Chasing: 3.16 Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference for Tonight, Information Interpretation

Coin Wave Chasing: 3.16 Bitcoin (BTC) Market Analysis Reference:
Bitcoin experienced a strong rebound and surge intraday, with the coin price continuing to test and re-challenge the previous strong resistance zone, reaching a high of 74450 before facing pressure and pulling back. Short-term bullish momentum has weakened somewhat; as of press time, the coin price is oscillating around the 73600 level. Observing from the daily chart, BTC's current market shows an oscillating uptrend but faces short-term resistance: price stands above the 7-day MA and EMA system, with solid mid-term bullish structure. MACD volume bars are gradually expanding, DIF and DEA continue to diverge upward, and the bullish trend structure is complete; KDJ and RSI indicators are in a strong zone but have not entered serious overbought territory. The Bollinger Band is opening upward with price running along the upper rail. Mid-term trends remain oscillating upward. Short-term focus should be on the 74500 resistance level breakthrough. If volume increases and price stabilizes, it is expected to open a new upside space.
Observing from shorter-period hourly charts, at the 4-hour level, price surged to 74450 and then entered high-level consolidation, running tightly along the Bollinger Band upper rail. The strong pattern remains intact. MACD continues to expand volume with dual lines maintaining a golden cross. RSI maintains in a strong zone, with bullish momentum still dominant. The KDJ indicator, though at a high level, shows the three lines gradually contracting, indicating some weakening of short-term bullish momentum with small pullback potential. Looking at the 1-hour chart, price pulled back to above the Bollinger Band midline after surging. MACD volume bars rapidly narrowed with DIF and DEA showing signs of a high-level death cross. KDJ three lines diverge downward, and RSI has retreated from overbought zone to around 60, releasing clear short-term pullback signals. Overall, the 4-hour and 1-hour levels present a "mid-term strong, short-term pullback" rhythm. Short-term price will likely continue high-level oscillation with minor pullback moves. The lower support zone to watch is 73000-72800. If 72800 support breaks, it may trigger further pullback, but subsequent stabilization confirmation still has opportunities to retest the 74500-75000 pressure zone. Operationally, it is recommended to layout with a strategy of buying on pullbacks to lower levels.
Coin Wave Chasing: 3.16 Bitcoin Short-term Reference:
Short positions: 74000-75000 zone short, stop-loss 500 points, target 73500-72500.
Long positions: 71500-72500 zone long, stop-loss 500 points, target 73000-74500.
Coin Wave Chasing: 3.16 Ethereum Short-term Reference:
Short positions: 2300-2330 zone short, stop-loss 30 points, target 2250-2200.
Long positions: 2155-2205 zone long, stop-loss 30 points, target 2100-2180.
This article is originally shared by 【Coin Wave Chasing】, representing personal views only. Article delivery has delays and is for reference only. Do not operate blindly! We hope that everyone on the investment journey, no matter how the market changes, can stick to their own principles and maintain rationality and composure. #加密市场上涨 #比特币站上七万美元 #七大央行利率来袭 $BTC $ETH