ShengdongTrendTheory

$BTC Last night, U.S. stocks opened lower combined with negative news, directly breaking through the 70,000 psychological level. Currently, price has recovered slightly to around 69,500, but the rebound lacks momentum, and market sentiment has clearly shifted to bearish.
70,000 has transitioned from support to resistance, with hourly moving averages showing bearish divergence. MACD death cross and bearish momentum histogram continue to expand, with the downtrend structure incomplete. The brief bottom-fishing near 69,500 appears more like technical correction without real buying support, raisi

$BTC 3.24 Bitcoin and Ethereum Night Market Analysis and Trading Recommendations
This daily-level bullish candlestick looks like a reversal signal, but it appeared during a rapid rebound in the early morning hours with no follow-through buying momentum afterward. This type of "midnight sneak attack" rally is more likely short-term capital probing during thin liquidity periods rather than genuine bullish organization. The bullish candle closed without conviction, and the resistance structure remains intact.
From a rhythm perspective, the upside pressure is still clear. The 71000-71500 zone has

$BTC 3.24 Evening Bitcoin and Ethereum Market Analysis and Trading Recommendations
From the four-hour timeframe, after yesterday’s surge followed by a pullback, the bullish momentum has clearly weakened, and the market has not formed effective continuity. Instead, it has gradually shifted into narrow-range oscillation with fragmented red and green candles. This structure itself indicates that the short-term rebound has lost its driving force, the upward potential has been fully exhausted, and the current market is more inclined to complete a correction under pressure.
Oscillation is not a sig

$BTC 3.24 Midday Bitcoin Ethereum Market Analysis and Trading Suggestions
Last night's rally looked impressive at first glance, but upon closer inspection, it revealed weakness: Price touched around 72000 but couldn't advance further. The K-line bodies kept shrinking while upper wicks kept extending. This pattern is a classic signal of momentum exhaustion. The bulls have essentially played out their hand in this wave without effectively breaking through key resistance levels. Without new catalysts, it will be difficult to mount another strong offensive.
From a rhythm perspective, the biggest

$BTC 3.24 Night Bitcoin and Ethereum Market Analysis and Trading Recommendations
From the four-hour level, although recent consecutive positive candles demonstrate certain rebound momentum, the price has repeatedly touched the upper band of the Bollinger Bands without forming an effective breakout. The upper band resistance remains effective. The Bollinger Bands show no sign of expansion, indicating that the market is still confined within a range-bound structure, with rebounds being more technical corrections rather than trend reversals.
The daily level is clearer. Current price action remai

$BTC 3.23 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions
Although the current market has shown a slight rebound, with the price briefly testing near 68,800, from a technical structure perspective, this more resembles a technical correction after short covering rather than a trend reversal signal.
On the daily chart, the price remains below the MA10 moving average, with MA5 and MA10 maintaining a death cross and diverging pattern, indicating that the bearish trend has not eased. The resistance from the moving average system remains strong, suggesting that selling pressure

$BTC 3.23 Afternoon Bitcoin and Ethereum Market Analysis and Trading Recommendations
From the current chart structure, the daily timeframe bearish pattern has not yet experienced a substantial reversal. After completing a round of consecutive bearish candles, the price briefly entered consolidation, but rebounds remain capped by the Bollinger Band midline and have failed to form an effective recovery. Instead, the price has come under renewed pressure and is gradually testing the lower band area. This weak consolidation pattern typically indicates a lack of bullish counter-attack intention, w

$BTC 3.23 Midday Bitcoin and Ethereum Price Analysis and Trading Recommendations
From the current technical setup observed on the chart, the 4-hour timeframe has clearly established a bearish-dominated pattern. After consecutive bearish candles formed a downtrend channel, bearish momentum shows no signs of exhaustion. Following brief consolidation, price came under pressure again and tested lower levels, indicating that selling pressure still dominates the market. Current market sentiment is leaning toward panic, with price continuously running lower in the lower region, and key support level

$BTC The current price is trading around 70,600. On the 4-hour level, the ascending flag breakout pattern is quite clear, with price having firmly established itself above the EMA20 moving average. The short-term moving averages EMA5 and EMA10 have formed a golden cross and are diverging upward, indicating that a short-term bullish alignment has formed. The 70,000 level has transitioned from previous resistance into support, and the upside space has been further opened.
From a volume perspective, when breaking above 71,000, trading volume clearly expanded, and the OBV indicator simultaneously

$BTC From the current market structure, after the daily chart produced three consecutive bearish candles, prices are currently consolidating around the midline zone, which represents a typical adjustment rhythm since the decline began. Today's candle shows a cross star with a long upper shadow, indicating clear upward pressure during the rebound process. Although the overall price remains within an uptrend channel, the pullback has not confirmed a halt to the decline, and there remains potential for further downside exploration.
From an indicator perspective, the MACD dual lines maintain a st

$BTC 3.20 Evening Bitcoin Ethereum Market Analysis and Trading Suggestions
From a technical perspective, the 70000 level is not only a psychological whole number resistance, but also reinforced by the support effect of the previous dense trading zone. The fact that price is holding here demonstrates that the bulls have not abandoned their resistance. More importantly, after the market digested the selling pressure, no further collapse occurred. Instead, it is attempting to construct a new attack position — this "defend to attack" posture often precedes the onset of a rebound rally.
If 70000 c

$BTC 3.20 Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions
From a daily chart perspective, Bitcoin surged and pulled back yesterday, exhausting momentum after touching the resistance zone, but the price has not broken down further. Instead, it has stabilized above the middle band of the Bollinger Bands, demonstrating strong support strength. Currently, short-side volume is notably weakening, downward momentum is gradually exhausting, and the daily structure remains in a strong trend zone. The Bollinger Bands middle band serves as the dividing line between bulls and bears

$BTC 3.20 Midday Bitcoin and Ethereum Market Analysis and Trading Recommendations
The short-term cycle trend further validates the resilience of the downtrend. The 4-hour chart has experienced a spike and pullback, then the price ruthlessly pierced through the lower band with no effective rebound resistance. Instead, it continues to oscillate in extremely narrow ranges at low levels. This is not a bottom formation; this is a "gear shift" in the downtrend continuation. The moving average system has formed a perfect bearish divergence arrangement, with MACD and other indicators refusing to form

$BTC 3.19 Night Bitcoin and Ethereum Market Analysis and Trading Suggestions
From the current market perspective, the four-hour Bollinger Bands continue to diverge downward, indicating that the short-term downtrend channel remains intact, with price consistently under pressure below the short-term moving average system. The previous consolidation support level has been effectively broken through after brief resistance, and the oscillation structure that was originally built on that area has transformed into a new pressure platform, meaning the market's center of gravity has shifted further do

$BTC 3.19 Evening Bitcoin and Ethereum Market Analysis and Trading Recommendations
From the current market perspective, the daily chart shows three consecutive bearish candles pulling back to near the midline, testing the validity of the bottom support structure. However, based on the actual pullback strength, further downside exploration has not effectively unfolded, with the market currently still operating within the previous consolidation range. This indicates that the midline support zone remains relatively stable, and short-term downside has not formed an effective breakdown. Neverthele

$BTC 3.19 Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions
From a daily chart structure perspective, the pullback from the 75998 high point, combined with the high-volume "dark cloud cover" pattern at elevated levels, has clearly confirmed the existence of a near-term top. Most critically, last night's massive bearish candle exceeding 3.5% in real body mercilessly broke through the 72,000 USD level that bulls viewed as their last line of defense. This not only pierced the daily EMA60 lifeline but also completed an effective breakdown of the neckline in the head and shoul

$BTC 3.19 Midday Bitcoin and Ethereum Price Analysis and Trading Recommendations
From a 4-hour structure perspective, after the market topped near 76,000, the chart showed very clear weakness signals. The subsequent consecutive solid bearish candles that followed are not simply a sharp dip washout, but rather a sustained selling pressure pressing downward—price has been suppressed all the way from the highs down to around 70,456. This action reveals at least one thing: the selling pressure from above is real, and the bears are not a one-wave move, but rather stepping down in phases.
Currently

$BTC 3.19 Early Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions
From the current chart structure, Bitcoin's daily timeframe has already shown clear weakening signals. After the price pulled back from previous highs under pressure, it experienced another volume-driven decline yesterday, nearly retracing the gains from the previous three trading days. Currently, the price has returned to near the center of the previous consolidation range, meaning the previous attempt to break above has failed.
From the daily indicators perspective, the current technical pattern is unhealth

$BTC 3.18 Evening Bitcoin and Ethereum Price Analysis and Trading Recommendations
Bitcoin has officially broken through the key psychological price level of $73,000, which was previously a focal point of long-short competition, amid today's volatile decline. The lowest point has currently touched the 72,085 line, a move with significant technical implications: the 73,000 level is not only the lower edge of the previous high-volume trading zone but also the last defensive barrier for short-term bulls. With the loss of this critical position, the downside technical support has been substantiall

$BTC 3.18 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions
From the four-hour timeframe, although the price surged higher followed by four consecutive bearish candles for pullback, this is merely a technical correction for the preceding rapid rally. The subsequent K-line patterns clearly show that downside momentum is exhausting, and the market has entered a consolidation phase characterized by mixed small bearish and bullish candles. While the battle between bulls and bears appears intense, the bullish defense line is actually solid, and bear counterattacks lack convictio