3.31 Tuesday Early Morning Bitcoin and Ethereum Latest Ideas and Analysis

Buy when no one is paying attention, sell when the crowd is lively. Only those who can endure loneliness deserve to see the rise. Instead of fighting in traditional markets until you're bloodied, it's better to fight for a future in Web3. Looking back at Monday, Bitcoin steadily rose from the early morning low of 65,000 to the evening high of 68,169, then settled at the current level of 67,724. Ethereum followed Bitcoin's trend, rising from the early morning low of 1,938 to the evening high of 2,085, then settling at the current level of 2,075.

From the four-hour chart, Bitcoin today formed a small-bodied four-hour candlestick with a long upper shadow, indicating significant selling pressure near that key level. This rebound and fall pattern suggests that the bulls attempted to push higher but faced strong resistance, with rebound momentum weakening. A short-term resistance zone has formed above 68,000. Additionally, the candlestick bodies are gradually narrowing, with frequent upper shadows, further confirming that bulls are repeatedly encountering obstacles at critical levels. Therefore, Lao Lei continues to maintain a high short-term outlook early this morning.

Early Morning Trading Ideas
Bitcoin around 68,000 can be shorted, target 66,000
Ethereum around 2,080 can be shorted, target 2,000