Mufu Market Trend Analysis: 3.16 Bitcoin/Ethereum Intraday Chart Analysis with Trading Suggestions

Weekly level: This week's KDJ shows a golden cross at the bottom, but BOLL and MACD indicators continue to press downward. MA10/MA30 daily moving averages are synchronized downward, with significant trend selling pressure and strong resistance at higher levels.

Daily level: Today's KDJ and MACD show golden cross resonance, with price breaking through the upper rail of BOLL. MA moving averages display bullish alignment, with price touching the resistance zone of the upside box. Whether the breakout succeeds will determine the subsequent momentum.

4-hour level: KDJ, MACD, and BOLL show bullish resonance with breakout deviation, MA moving averages in bullish alignment. However, there is a gap between coin price and the 5-day moving average. Price attempted to probe the box high but failed to effectively break through. Technical levels need restoration. The market is expected to experience a minor pullback. Trading should focus on shorting rebounds at the following specific levels:

- BTC: Short at 73800-74500, target 72000

- ETH: Short around 2260-2290, target 2180

Friendly reminder: The above analysis and suggestions are for reference only. Market conditions fluctuate rapidly, and this article may have lag. Please follow real-time guidance for actual trading. #加密市场上涨