3.19 Bitcoin and Ethereum morning analysis

Last night's wave hit hard—Bitcoin went into a straight "waterfall washout," two 5-hour candles completely wiped out the gains from the previous two days, bullish positions got blindsided, and market sentiment cooled instantly.

At 2:30 AM, the Fed held rates steady. When the news dropped, the market became even more conflicted—will it continue crashing down to pierce 70k directly, or will it use the policy expectations to launch a strong counterattack? We're at the critical crossroads right now.

The 4-hour level has touched the lower Bollinger Band, but there's support below—it's not collapsing uncontrollably. The previous four-consecutive-down killing momentum has already broken, and after testing the bottom, we immediately got a positive close, which shows there's capital stepping in at the bottom. So the bears did push, but didn't break through. The bulls aren't dead yet. Next, either we'll see a strong counterattack rally, or one more hard hit—the direction will be clear very soon.

Personal suggestions:
Bitcoin: Enter longs at 70k-70,800, targets 72,000, if broken through, watch 74,000!
Ethereum: Enter longs at 2,150-2,180, targets 2,250, if broken through, watch 2,300!
$BTC $GT #Gate13周年全球庆典 #Grayscale质押1.92万枚ETH