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3.19 Thursday BTC.ETH Latest Market Update
Yesterday's violent fluctuations, sharp rallies followed by sudden drops have become the norm. Some celebrate while others worry—behind this lies not only the battle between bulls and bears, but also a contest of cognition and mindset. The eternal theme of the market is the struggle between patience and greed.
From a technical perspective, the four-hour Bollinger Bands lower band support is emerging, the four consecutive bearish candles pattern has been interrupted, K-line bottoming and closing bullish, bottom support is strong; KDJ turning upward from oversold zone, MACD bearish columns decreasing, fast and slow lines about to form a golden cross, clear signal of bullish recovery. Today continue with the pullback and buy dip strategy. For BTC, focus on the 70000 level support, for ETH watch the 2150 level.
BTC 69500-70500 range, ↑72000, 73500;
ETH 2120-2150 range, ↑2230, 2300.
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