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Yueying: Bitcoin and Ethereum Market Analysis (March 28-29) - Will the Key Support Level Be Tested Again? Weekend Brief Review

2026-03-28 12:26:30
Shareshare
Bitcoin's daily chart shows a bearish candlestick that broke below the lower Bollinger Band before rebounding, and it's currently trading above the lower band. The Bollinger Bands are flattening, and short-term moving averages are trending downwards. The MACD lines are extending downwards with increasing volume. The KDJ is trending downwards; watch for support around the zero line. The VR indicator is consolidating around 120. On the 4-hour chart, after a false break to a new low, the price rebounded slightly intraday. The Bollinger Bands are widening downwards, and short-term moving averages are trending downwards. The MACD lines are extending downwards with decreasing volume. The KDJ crossed upwards but then turned downwards; watch for support around the zero line. The VR indicator is consolidating around 50. Overall, the market is weak and testing key support again. Whether it can stabilize effectively remains to be seen. The short-term strategy remains unchanged: regardless of which direction the price breaks out of the trading range, the probability of continuation is high. Whether the range structure breaks out later will determine the overall trend direction. Pay attention to the key support at the lower edge. Short-term resistance is around 68500, and support is around 65000. See short-term recommendations. Bitcoin short-term trading suggestions: Short at 68300, Long at 65500 (Take profits as needed after strategy activation). Ethereum's daily chart is also under pressure and trending downwards around the middle Bollinger Band and the 60-day moving average. Technical analysis can be referenced in conjunction with Bitcoin's. Short-term support remains above 1900, with resistance around 2100. See short-term suggestions. Ethereum short-term trading suggestions: Short at 2080, Long at 1940 (Click the image to see the homepage introduction for more cryptocurrency analysis). — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!
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