$BTC 3.18 Midday Bitcoin and Ethereum Market Analysis and Trading Suggestions

From an overall market perspective, the current consecutive rally pattern remains intact, with prices consistently trading firmly above all major moving averages. This indicates that the medium to long-term holding costs in the market continue to rise, and the downside support is extremely strong. The moving average system's bullish alignment has formed a perfect uptrend assist, and the overall upward trend is very clear, which is the best evidence of the market's inherent strength.

Facing the pullback at the four-hour level, we should not view it as a risk signal, but rather interpret it as an active repair of technical indicators. The low point of this pullback did not break the previous low, and prices continue to steadily operate within the uptrend channel, perfectly maintaining the healthy bullish structure of "higher highs and higher lows." This structure is the cornerstone of trend continuation, indicating that the market's uptrend rhythm has not been disrupted.

Particularly noteworthy is the probe-and-bounce movement in the early morning session. This action not only serves as a second confirmation of the effectiveness of the channel's lower support, but also represents a successful false breakout washout. Its core purpose is to repair the previously excessive short-term technical indicators, digest profit-taking pressure, and through exchanging time for space, accumulate sufficient momentum for a more explosive breakthrough move to follow.

In summary, each pullback in the market attracts new buying interest, with the dominant position firmly in the hands of the bulls. The current retest is essentially complete, and after cleaning floating chips and confirming support, the market is expected to resume its uptrend and continue toward higher targets.

Midday BTC can go long around 73500, targeting 75500
Midday ETH can go long around 2300, targeting 2400#比特币站上7.5万美元 $ETH