The Bitcoin/Ethereum pair, which we repeatedly advised buying on pullbacks yesterday, with additional long positions added at 66800 and 1940, rebounded from lows of around 65600 and 1908 in the early morning, reaching highs of around 68000 and 2013 so far. The overall upside potential for long positions is evident, and the previously mentioned support levels of 65500 and 1880-1900 have proven effective. The 4-hour chart shows that after finding support around 65500 and 1900, a strong rebound with significant volume occurred, but was subsequently met with selling pressure, forming a long upper shadow. The most recent 4-hour candlestick is a small-bodied doji with significantly reduced volume, indicating weakening rebound momentum and the market entering a short-term consolidation or hesitation phase. The daily candlestick has a long upper shadow, indicating strong resistance above. Technically, the 4-hour MACD has formed a golden cross below the zero line, with the DIF and DEA lines moving upwards and the MACD histogram turning positive, indicating weakening short-term downward momentum and a potential rebound signal. However, both the DIF and DEA lines remain below the zero line, indicating a continued bearish trend in the medium to long term. Recent declines and rebounds have been accompanied by significant trading volume, suggesting high market activity. However, daily trading volume is lower than the volume of the previous few days' declines, so the momentum of the rebound remains to be seen. The market is currently near a critical juncture; pay attention to key resistance and support levels. Our daily analysis and strategies have a high success rate and are available for viewing. However, these analyses and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time updates.
Gu Jingci: Bitcoin/Ethereum rebounded from its overnight extreme support level.
2026-03-09 08:38:51
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