Coin Wave Chasing: 3.16 Cryptocurrency Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis Reference This Evening, Information Interpretation

Coin Wave Chasing: 3.16 Bitcoin (BTC) Market Analysis Reference:
Bitcoin experienced a strong rebound and rally intraday, with coin prices continuing to test and retest the previous strong resistance zone, reaching a high of 74450 before facing pressure and pulling back, with short-term bullish momentum weakening somewhat; as of press time, coin prices are oscillating and consolidating around the 73600 level. From the daily chart perspective, BTC's current market shows an oscillating uptrend facing short-term resistance: price stands above the 7-day moving average and EMA system, with mid-term bullish structure solidifying. MACD volume bars are gradually expanding, with DIF and DEA continuously diverging upward, forming a complete bullish trend structure; KDJ and RSI indicators are in a strong zone but not entering severe overbought territory, with Bollinger Bands opening upward and price running along the upper band, mid-term trend remains oscillating upward, short-term focus should be on the 74500 resistance breakout, if volume breaks through solidly, it may open new upside space.
From the short-cycle hourly chart perspective, at the 4-hour level, price surged to 74450 before entering high-level consolidation, tightly running along the Bollinger upper band, strong structure remains intact, MACD continues expanding volume with dual lines maintaining golden cross, RSI maintains in strong zone, bullish momentum still dominant, though KDJ indicator is at high level with three lines gradually converging, showing short-term bullish momentum somewhat weakening with minor pullback demand; from the 1-hour chart, price pulled back from the high to above the Bollinger midline, MACD volume bars rapidly narrowed, DIF and DEA showing signs of high-level death cross, KDJ three lines diverging downward, RSI falling from overbought zone back 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 movement, watch the 73000-72800 support zone below first, if 72800 support breaks, may trigger further pullback, but subsequent stabilization confirmation still has opportunity to retest 74500-75000 resistance, so operationally suggest positioning with a pullback-low entry for long thinking.
Coin Wave Chasing: 3.16 Bitcoin Short-term Reference:
Short: 74000-75000 zone, stop loss 500 points, target 73500-72500
Long: 71500-72500 zone, stop loss 500 points, target 73000-74500
Coin Wave Chasing: 3.16 Ethereum Short-term Reference:
Short: 2300-2330 zone, stop loss 30 points, target 2250-2200
Long: 2155-2205 zone, stop loss 30 points, target 2100-2180
This content is original shared by [Coin Wave Chasing], representing only personal views, article transmission has delays, for reference only, do not blindly operate! Hope everyone on the investment journey, regardless of how markets fluctuate, can hold to your own principles, 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