March 29 Morning Bitcoin Reference


Trend: Short-term / Mid-term both bearish
Key Levels:
Resistance: 2100–2120, 2140–2150 (strong resistance)
Support: 2040–2050
Logic:
The trend is downward, with all moving averages pressing down on the price
The lower band of the Bollinger Bands is trending downward, indicating an open downtrend channel
MACD is below the zero line, showing ongoing bearish momentum
No volume on the rebound, no real buying interest, with many trapped sellers above
Once it hits 2100–2150, it’s easy to be pushed down again
Trading Suggestions:
Enter: 2100–2120 with a small position to try shorting
Add to short: 2140–2150 when encountering resistance
Targets: 2050–2020–2000$ETH #比特币震荡走弱
ETH1,96%
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