′ I. Current Price and Status (Morning of 2026-03-07) - BTC current price: around 70,500 USD (≈70,500 USDT) - 24h slight decline ≈0.4%, bottoming out and rebounding, weak volatility - Market: 70,500 is the intraday support/resistance boundary; daily bearish structure remains unchanged - Linkage: ETH breaks down, BTC faces passive pressure, options expiration approaching on March 10 II. Key Support/Resistance (Core for Monitoring) Support (Defensive lines for declines) - First support: 70,000–70,500 (near current price, strong intraday support) - Critical support: 69,000–69,500 (previous low + weekly support, breaking accelerates decline) - Strong support: 68,000 level → 67,500–67,700 (mid-term defense) Resistance (Pressure lines for rises) - First resistance: 71,000–71,500 (intraday rebound resistance) - Strong resistance: 72,000–73,000 (MA20 + previous support turned resistance) - Critical resistance: 73,500–74,000 (rebound limit) III. Two Scenarios (divided at 71,000) Scenario A: Rebound fails to break 71,000 (more likely) - Trend: Rebound to 70,800–71,000 encounters resistance and falls back, unable to stabilize - Signal: Insufficient volume, selling pressure persists, daily bearish alignment - Follow-up: Drop to 69,500 → 69,000 → 68,000; breaking 68,000 looks toward 67,500 Scenario B: Hold above 71,000 (less likely) - Trend: Volume breakout above 71,000 and retest confirmation - Signal: 4H bullish divergence, MACD golden cross, buying support - Follow-up: Rebound to test 72,000–73,000; only if breaking 73,000 can a return to sideways range be expected IV. Trading References (Current price 70,500) Short-term (Intraday/4H) - Short (priority) - Entry: Resistance in 70,800–71,000 zone, short - Stop-loss: Above 71,500 - Targets: 69,500 → 69,000 → 68,000 - Long (light position testing) - Entry: Stabilization at 69,500–70,000, go long - Stop-loss: Below 69,000 - Targets: 70,800–71,000 (only rebound, no reversal expectation) Mid-term - Core: 73,000 not recovered, trend remains bearish - Key: 68,000 level determines whether deeper correction occurs V. Risk Reminder - Linkage: ETH breaks down, short-term no bullish stance - March options expiration and liquidity impact are significant; strictly control positions and stop-loss - 70,500 is a contested point; only discuss recovery after holding above 71,000

1. Current Price and Status (Morning of March 7, 2026) - ETH Current Price: 1980–1983 USD (≈66,700 USDT/CNY) - 24h Decline: approximately 4.1%, wedge lower boundary at 2050 broken, entering a bearish dominant, weak oscillation - Market: 1980 is a point of contention between bulls and bears, 4H is bearish, daily break below 2. Key Support/Resistance (Core Monitoring Points) Support (Defensive Lines Against Decline) - First Support: 1980–1985 (near current price, intra-day bulls and bears divide) - Critical Support: 1950–1960 (intra-day low, break accelerates decline) - Strong Support: 1900 threshold → 1880–1890 → 1840–1850 (mid-term defense) Resistance (Pressure Lines for Rise) - First Resistance: 2000–2010 (round number + previous support turned resistance) - Strong Resistance: 2030–2050 (original wedge lower boundary, only turns strong after reclaiming) - Critical Resistance: 2080–2100 (rebound limit) 3. Two Scenarios (Divided at 2000) Scenario A: Rebound Fails to Surpass 2000 (More Probable) - Trend: Rebound to 1990–2000 encounters resistance and falls back, unable to stabilize - Signal: 4H bearish structure, insufficient volume, continued selling pressure - Follow-up: Drop to 1950 → 1900 → 1880–1890; breaking 1900 looks toward 1840–1850 Scenario B: Stabilizes Above 2000 (Less Probable) - Trend: Volume breakout above 2000 with retest for confirmation - Signal: 4H bullish divergence, MACD golden cross, buying interest resumes - Follow-up: Rebound to test 2030–2050; only after breaking 2050 can it potentially return to a range-bound zone 4. Trading Recommendations (Current Price 1983) Short-term (Intra-day/4H) - Short (Priority) - Entry: Resistance at 1990–2000, short if encountered - Stop-loss: Above 2010 - Targets: 1950 → 1900 → 1880 - Long (Light Position, Trial and Error) - Entry: Stabilization at 1950–1960, go long - Stop-loss: Below 1940 - Targets: 1985–2000 (only rebound, no reversal expectation) Mid-term - Core: If 2050 is not reclaimed, trend remains bearish - Key: 1900 threshold determines whether a deeper correction occurs 5. Risk Reminder - Break below 2050, the bull-bear dividing line, short-term outlook is bearish - Correlated with BTC, March options expiration, and liquidity impacts; strictly control position size and stop-loss - 1983 is a contention point; only after stabilizing above 2000 can recovery be discussed Would you like me to organize these two directions into a point list (entry/stop-loss/take-profit) suitable for placing orders on Zhima Platform?