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March 24 Evening Analysis
BTC is currently oscillating around $71,000 with insufficient rebound momentum.
From the 4-hour level, after the price surged yesterday, bullish momentum failed to sustain effectively, subsequently pulling back under pressure. The overall market maintains a narrow range consolidation pattern. Observing the 1-hour level, the Bollinger Bands are gradually narrowing, MACD bearish energy histogram shows contracting adjustment, bearish forces gradually dominate, and the market currently lacks clear rebound signals. Evening trading recommendations focus mainly on selling rallies.
Specific trading levels for reference:
- BTC: Sell rallies at 71,500~71,800 zone, target 70,200~69,800
- ETH: Sell rallies at 2,180~2,200 zone, target 2,130~2,100