2026-03-17 00:07:35

Morning Analysis

Bitcoin surged to 74,480 and has maintained high-level consolidation. It encountered resistance multiple times at the upper Bollinger Band and pulled back, with bullish momentum gradually weakening.
MA7 and MA30 maintain a bullish alignment, with price holding above the middle Bollinger Band, keeping the short-term trend relatively strong; however, repeated long upper shadows at high levels indicate increasing pullback risk.
Overall, it is in a high-level consolidation phase with the battle between bulls and bears intensifying. The key focus is on the breakout direction of the resistance zone at 74,400–74,600 and the support zone at 73,800–73,300.
Trading Suggestions
Bitcoin: Place short positions around 75,500–76,000, with targets near 73,000–73,500
Ethereum: Place short positions around 2,370–2,400, with targets near 2,200–2,230

BTC0,82%

ETH3,47%

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