March 19 BTC/ETH Rice God Strategy

Super major downtrend, the gains that bulls worked hard to establish lack even a single support platform, and have been continuously targeted and liquidated by bears. News fundamentals are deteriorating again: no rate cuts + Middle East oil crisis + inflation. Technically, price is retesting the upper rail of February's box range. If we can't recapture this territory in the short term, falling into a major downtrend channel will be extremely dangerous.

BTC: Testing the 69000 lower support level. In 3 days it has already broken through two major boxes from 74400-71400-69000. Below, there's still one last bull resistance zone at 67150-69000. Breaking through here signals entering a downtrend channel. This round of rebound is completely over. Tonight, watch if we can return to the upper rail of the 70250-71400 box.

ETH: Since completing the 2380 target, it has adjusted cumulatively over 10% in three consecutive days—this magnitude is extremely alarming, with technical indicators severely oversold. If panic brings it down to 2038-2075 tonight, consider catching the falling knife. Aside from black swan events, it's hard to imagine a scenario where this level breaks in 3 days. Intraday 2200-2233 has already formed a major top. 2170-2200 is also a dense chip-locked area; evening provided a recovery opportunity, yet selling pressure remains too heavy. Near-term focus is whether 2140 can hold and stop the decline. $BTC ‌$ETH ‌