A new week arrives gracefully wrapped in morning light, as the sycamore leaves outside whisper with the gentle breeze. The sunlight, like gold leaf, dances among the branches and leaves, casting mottled shadows across my desk. I lightly brush over the open planner, the pen tip spreading ink spots on the blank pages, reminiscent of spring swallows skimming over the lake's surface, creating ripples. The pothos on my desk stretches out new leaves, its vines winding and growing along the refracted rainbow light from the glass bottle, and even the air is infused with the refreshing scent of lemon mint water. This moment is perfect for rearranging unfinished plans, allowing dormant inspiration to break free—after all, even the white magnolia downstairs has gathered strength, blooming the first cluster of pure white buds in the brisk spring breeze.

Market Update for March 24

After two days of consolidation over the weekend, the market showed signs of warming on Monday. The market trend was as previously expected, rebounding near the support level around 83,500. This morning, it rebounded to around 86,642 but began to pull back under pressure. It is currently attempting to break through the resistance at 88,000, reaching around 87,500. A continued breakthrough could open up upward space. Ethereum also began to rebound from the previously given support level, reaching around 2,021 this morning, but has started to pull back under pressure. It has now broken through the 2,080 level, peaking at around 2,096. Whether it can stabilize above the short-term resistance will determine if it can continue to open up upward space.

Bitcoin Technical Signals: According to the Bollinger Bands indicator, it is still in a box range. A complete breakthrough above 88,000 and stabilization above the previous resistance level would open up the next upward space; otherwise, it will continue to oscillate at high levels. The lower support is still seen at the 83,500—84,600 range.

Operational Strategy: Near the previous high resistance, gradually build short positions (87,500-88,000). If it breaks through the resistance level, consider going long on a pullback. For effective support at 83,500-84,600, gradually build long positions. (Note: Beware of false breakouts.)

Ethereum Technical Signals: The four-hour level has broken through the previous high resistance. Whether it can stabilize is still unknown; we need to see if the next four-hour close can remain above. The next resistance level is seen at 2,128-2,153.

Bitcoin: Oscillation and Power Accumulation Awaiting Breakthrough In the past week, Bitcoin showed a trend of first suppressing and then rising. After stabilizing at the key support level of 83,500 over the weekend, it rebounded on Monday, peaking at 86,642 this morning before pulling back to around 85,500, then continuing to rise to the current price hovering around 87,500, attempting to break through the recent important resistance level of 88,000. Notably, this position is both the upper pressure level of the Bollinger Bands indicator and the technical resistance band formed by previous highs.

▶ Technical Highlights ◀

1. The Bollinger Bands continue to narrow, indicating the market is in a box oscillation phase (83,500-88,000).

2. A breakthrough above 88,000 will open up new upward space; otherwise, it will maintain high-level oscillation.

3. The MACD indicator is showing a golden cross near the zero axis, with short-term bulls slightly in advantage.

▶ Operational Strategy ◀

Bullish Layout:

• Conservative: Wait for a clear breakthrough above 88,000, then consider light positions on a pullback to 87,500.

• Aggressive: Gradually build positions in the support range of 84,600-85,500.

• Bearish Opportunities:

• Establish short positions in the pressure zone of 87,500-88,000.

• If it breaks below 85,500, consider shorting with a target near 84,000.

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Ethereum Section: Breakthrough Trend Needs Confirmation Ethereum's performance is stronger than Bitcoin, successfully breaking through the key resistance of 2,080, peaking at 2,096. Currently, we need to focus on whether it can stabilize above 2,080 on the four-hour level, as this will be an important signal for the subsequent trend. If it can effectively break through, the area of 2,128-2,153 will become the new target.

▶ Technical Highlights ◀

1. The four-hour chart forms an upward channel, with the MACD red bars continuing to expand.

2. 2,080 has turned from resistance to support, becoming a dividing line for bulls and bears.

3. The RSI on the daily level is in the neutral zone at 60, indicating upward space.

▶ Operational Strategy ◀ Follow the Breakthrough:

• After stabilizing above 2,080, consider building long positions on a pullback to around 2,050.

• The first wave upward target is 2,128, with a second target in the range of 2,150-2,170.

• Defensive Strategy:

• If it falls below 2,050, then observe and focus on the support at the 2,000 integer level.

• In the resistance zone of 2,128-2,153, consider partial profit-taking.

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Risk Warning:

1. Beware of the "false breakout" trap by the main force; key position breakthroughs need to be accompanied by volume support.

2. It is recommended to adopt a gradual position-building strategy, with each position not exceeding 5% of the principal.

3. This week, pay close attention to the Federal Reserve's interest rate meeting and other macro events.

4. Set trailing stop losses to protect profits, and avoid holding positions.

(Key Tips:

1. If Bitcoin breaks above 88,000/Ethereum breaks above 2,120, and the pullback does not break, consider going long;

2. Ensure all positions have stop losses to avoid holding positions; reduce positions during increased volatility;

3. Pay attention to volume changes before and after the US market opens, and beware of false breakouts.)

(Note: 📣 Due to the limited timeliness and depth of information on public platforms, the market changes rapidly. Key turning points, precise operational strategies, and sudden risk warnings need to be synchronized in real-time on the public account—Big Bear Bitcoin. Here, you can receive: real-time strategy push, in-depth analysis support, interactive Q&A, and risk warnings and optimization suggestions tailored to personal holdings. 🚨 Remember: The market always rewards those who act faster and have more accurate information! Be a winner among the minority.)**

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