$BTC 3.25 Evening Bitcoin Ethereum Market Analysis and Trading Recommendations

From a technical perspective, after the currency price touched the critical resistance zone of 71500-72000, which is the key dividing line between bulls and bears from the previous period, the upward momentum showed obvious exhaustion. This area, as a historically dense trading zone, has accumulated a large amount of trapped positions and high-level selling pressure. In the absence of sustained buying volume, it is difficult for the price to achieve a breakthrough quickly, and the characteristics of stagnation at high levels are gradually becoming apparent.

Combined with the recent market operation patterns, whether bullish or bearish, the market has shown extremely strong "muscle memory"——poor continuity. This fast-paced back-and-forth saw is essentially a manifestation of the balance of power between bulls and bears in this high-level zone being temporarily achieved. However, after experiencing a sharp rebound, the price has returned to near the top of the range again. At this point, the risk-reward ratio of chasing longs is already extremely unfavorable.

During the daytime session, the market will likely adjust below this resistance zone. The seemingly strong rebound at present, before effectively stabilizing above the 72000 level, is more inclined to be a tempting long behavior testing the resistance level. As the uptrend slows down, the market may enter a retest confirmation phase.

It is recommended to maintain a high short bias and stop chasing upside. You can patiently wait for the price to show a minor pullback. Once signals of upward weakness are clear (such as long upper shadows or engulfing patterns appearing on 15-minute or 1-hour timeframes), deploy short positions opportunistically. Key attention should be paid to the 70000 round number support level and the short-term support near 69500 below. Before the key resistance is effectively broken through, maintain a short-term correction outlook.

Evening BTC can go short near 72000, targeting 70000
Evening ETH can go short near 2200, targeting 2100#Gate正式接入Polymarket