3.27 Market Outlook

If the previous low of 67,300 is broken, it will be a free fall. Look for a high point to short; the bulls have been beaten down. Here's a simple analysis.

$BTC

Failure to rebound after breaking the channel, 69,485 is the critical line; 68,123 is the last line of defense for the bulls. A break indicates a reversal.

Market status: After breaking the price channel, the rebound is weak. 69,485 (channel lower boundary) cannot be reclaimed, and the price continues to decline; only a break above 70,064 would suggest a rebound toward 71,440.

Key support: 68,123 (variant Morning Star + isolated low) is the bulls' lifeline; a second test without breaking it + stabilizing above 68,798 signals the end of the decline; a break below indicates a move to 67,320, and breaking 68,123 equals a reversal, not a correction.

Right-side trading (volume + stop-loss)

Long: Break above 69,097 with volume to chase longs, targeting 69,870-70,175.

Short: Break below 68,507 with volume + failure to rebound to chase shorts.

Level overview

Hourly: Hold above 69,097 to watch 69,870-70,175; if not, invalid.

4-hour: Break below 68,434 to watch 67,380-66,208.

Resistance / Support

Resistance: 69,097-69,870-70,175

Support: 68,508-67,310-66,208

$ETH ‌

Break below 2,105 = second test of support, double bottom needs to break 2,105; the lower boundary of the flag pattern at 2,022 is critical, break it and look at 1,926.

Market status: Support at 2,105 has been broken, considered a second test of the previous low; forming a double bottom requires a breakthrough of 2,105, otherwise, expect flag pattern oscillation; breaking below 2,022 (flag pattern's previous low), target 1,926.

Right-side trading (volume + stop-loss)

Long: Break above 2,075 with volume to chase longs, stop-loss to be recovered.

Short: Break below 2,045 with volume to chase shorts.

Left-side / Re-test

Re-test 2,007 to confirm support for longs, stop-loss at 1,962.

Pin needle order: Long at 1,945, stop-loss at 1,909.

Level

Hourly: Hold above 2,075 to watch 2,112-2,144; if it hits 2,144, short with stop-loss at 2,174.

4-hour: Break below 2,037 to watch 2,006-1,955.

Resistance / Support

Resistance: 2,075-2,112-2,144

Support: 2,033-1,986-1,945

Risk Reminder

Use proper stop-loss on contracts, avoid holding positions blindly, and do not over-leverage.

Only enter on volume breakouts/breakdowns; do not chase without volume. #BTC行情