3.21 Market Analysis
At 2 a.m., the Federal Reserve kept its benchmark interest rate unchanged as expected, triggering a rally in the broader market. Sec postponed the decision on the spot Ethereum ETF, and the Ethereum Foundation is under investigation by national authorities. Yesterday, I accurately reminded everyone in the community to enter the market, so we also reaped such a wave of profits. The current 4-hour time cycle of the market has not yet ended. After encountering resistance above this position, we still have to focus on 60,000 to 63,000. If this position is not broken, it is still an opportunity for us to enter the market. From the beginning of this year, I have reminded everyone that as long as you dare to pull back, you will have an opportunity to get on the train. As long as the market drops in the past two days, many influencers are including big pie starting with 5 and 4. , so when retail investors reach a consensus, it is impossible for the banker to easily let you get on the bus. If the market can break through the short-term resistance of 68,500 to 69,500, it will reach the previous high, and then it will be necessary to pay attention to the operation of the daily time cycle. Next, if the market pulls back, I will focus on the btc sector, the second-tier sector and the public chain sector. I wish everyone continues to make a fortune.
BTC
Support: 66200-65000-63000
Pressure: 687000-69500-71500
ETH
Support: 3472-3333-3168
Pressure: 3665-3900