March 15th BTC and ETH Intraday Analysis

From a daily perspective, the bulls over these past few days have been displaying a typical "slow incremental climb," gradually pushing higher bit by bit. After breaking through the Bollinger Band mid-line, price has been oscillating between the mid and upper bands. While the rhythm appears steady, the actual explosive power of upward attacks isn't strong. Although Friday's long wick briefly broke through the upper resistance level with impressive momentum, it was more of a probe rather than truly opening up overhead space.

The resistance around the previous 74000 level remains extremely pronounced—this is a critical watershed. As long as this position continues to resist breakthrough, structurally it's very easy to form a double top pattern. Once the double top is confirmed, there's a high probability the market will experience a new round of accelerated decline, at which point the pullback magnitude will be significant.

So don't be dazzled by this minor rebound in front of us. The overall direction remains bearish. This rally in early trading is essentially technical repair—normal rebound after excessive decline—and hasn't changed the overall downtrend rhythm.

Personal Suggestions:
BTC: Enter short at 71500-72200, target down to 70000, if broken see 68000, long-term watch 60000!
ETH: Enter short at 2100-2130, target down to 2060, if broken see 1950, long-term watch 1800!
$BTC $GT