Master Discusses Hot Topics:

On the last day of March, I will first answer the questions everyone raised over the weekend. Will there be interest rate cuts this year? If rates are cut, will the bull market return? These questions have been discussed in my previous articles, and opinions vary with different standards.

If I were to say it myself, the bull market ran away on December 18 last year. On January 20, the day Trump took office, there was a brief surge, which felt like the last gasp after the bull market had ended. Those who chased after buying at that time are basically standing guard at the peak, or they have already cooled off.

Looking at the monthly chart, Ethereum has been completely bearish since January, meaning there is no bottom! No bottom means it will continue to drop to new lows.

Bitcoin is slightly stronger, as it hasn't completely broken the bear market line yet. The deep bear boundary currently appears to be at 62800. Note that this is the deep bear line, which already counts as a bear market. The bear market has been running for two months, and no one can dispute this fact.

Currently, market signals are also very clear. Every time there is a potential crash, there are always reports of exchanges being hacked or coins being lost. Have you seen such chaotic news during a bull market?

Thinking back, probably not! During a bull market, everyone is busy counting money, and there’s no time to worry about hackers. Isn’t this evidence that we are in a bear market, where everyone is broke?

Now to answer the second question: Will there be interest rate cuts this year? If rates are cut, will the bull market return? First, the market expects that there may be 1 to 2 rate cuts this year, but that is just an expectation. Who can guarantee that there will definitely be two cuts?

There are many variables in between, such as inflation suddenly spiking, which could halt rate cuts and even lead to rate hikes next year. Anything can happen, and I advise everyone not to hold too high hopes; the higher the expectation, the greater the disappointment.

Even if there are indeed two rate cuts, it doesn’t necessarily mean the bull market will return; at most, it might bounce a couple of times. Those shouting for 150,000 or 250,000 are just annoying; what’s the use of making a fuss? So whether in a bear market or a bull market, we need to know how to play the volatile market.

Additionally, there may be significant movements on Wednesday, Thursday, and Friday nights this week. On Wednesday, Trump is implementing reciprocal tariffs, and on Friday, the U.S. non-farm payroll data will be released, with a high probability of volatility. Don’t overlook the risks. If prices drop on Wednesday, the non-farm data on Friday might trigger a rally.

The reverse is also true; if the first half of the week is particularly bad, the second half may ease up a bit. But don’t celebrate too early; the purpose of a rally upwards is also to set up for another drop. An unstable rebound is pointless.

I have summarized some points; focusing solely on the market, the Federal Reserve, and U.S. policies is not enough for trading. Some say that the information determines the candlestick chart, but I believe it is the candlestick chart that determines the information. The medium to long-term trend can be seen in the weekly and monthly MACD, and the trends for the next few months have already been set.

As for the short-term, as long as the candlestick reaches a critical point, such as when a triangle convergence is about to change, there will always be news that affects sentiment, and then the candlestick will run in its original direction.

Master Looks at Trends:

Resistance Levels Reference:

First Resistance Level: 84400

Second Resistance Level: 83000

Support Levels Reference:

First Support Level: 81200

Second Support Level: 79000

Today's Suggestions:

Currently, the price of the coin is maintaining support in the range of 79k to 81k, and the RSI indicator shows it is in the oversold area, so a rebound can be expected in the short term. However, if it falls below the psychological support level of 80k during the day, it may trigger a large amount of selling, making this an important range.

The current candlestick has a lower shadow, so if a suitable rebound occurs, the price may bounce back to 83k. However, as the gap between the previous highs and the moving averages is narrowing, strong resistance is expected. If the price rebounds to the first and second resistance levels, it will shift from a bullish to a bearish trend in the short term.

The first support level of 81.2k is crucial, as it is the area of the previous low where the candlestick has a lower shadow. If this area is breached again, downward pressure will increase, so maintaining this level is vital for a rebound.

Since we have entered the oversold area, a short-term rebound can be anticipated. However, if the price falls below 81k to 81.2k, it may accelerate the decline due to the loss of the low point. Before the short-term trend turns upward, I will continue to maintain the view of a downward trend.

3.31 Master’s Band Trading Setup:

Long Entry Reference: Not currently applicable

Short Entry Reference: Light short in the range of 83600-84400, Target: 81200-80800

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