March 4th Tuesday Summary: Today's layout includes four orders, one at market price
Bitcoin today gained over five thousand points in total
Ethereum today gained over two hundred points in total
In the morning, the market price declined to test the bottom, reaching the key hourly support level of 82400, where buying interest surged, pushing the price up. However, as it rebounded to the 84000 area, trading volume shrank and upward momentum weakened.
In the afternoon, Bitcoin experienced consolidation, peaking at 84566 before retracing to 83000, fluctuating within a narrow range. Ethereum's trend was similar, surging in the afternoon before pulling back and entering a consolidation phase.
The US stock market opened, leading the main trend, with Bitcoin initially falling before rising again, gaining nearly 3000 points in 5 minutes, and after first touching around the 85000 hourly resistance point, it retraced by 1500 points. The focus moving forward is whether it can break through; if the bulls extend significantly, tonight's key focus will be the 88500 - 89500 area, which is the weekly bullish-bearish dividing line.
