2026-03-31 00:43:00

The 1-hour chart shows a clear bearish trend for Bitcoin, with a weak downward pattern. Prices have fallen from recent highs, breaking below the middle band of the Bollinger Bands. Multiple rebounds near the middle band have been suppressed, indicating insufficient bullish momentum. The rebound highs are decreasing, dominated by the bears.

Currently, support at the lower Bollinger Band is weakening. Bulls have not mounted a counterattack, and buying volume remains weak. The market is experiencing a weak consolidation with a downward shift in the center of gravity, indicating a clear short-term downtrend. Based on market sentiment and volume, short-term sentiment is bearish, with investors cautious and low willingness to chase gains. Continuous selling volume and strong bearish pressure suggest that downward momentum remains intact.

BTC: Around 67,300-68,000, with a downside target of 66,300-65,000

ETH: Around 2,050-2,100, with a downside target of 2,000-1,930

BTC-0.04%

ETH0.34%

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