March 21 Market Analysis
Currently, BTC and ETH are still in a fluctuating upward wedge. The resistance levels for BTC are 87000/85000, while the support levels are 83700/82200. 85000 is a densely traded area; if it cannot break through, it may lead to a 4-hour level pullback. Only by breaking above 85000 can we target the resistance levels of 87000/88000. The upward pattern is currently good. If you have long positions, please continue to hold. Pay close attention to 85000; it’s worth keeping a closer eye on. Today is Friday, and it has become known as Black Friday in the circle. As long as we get through tonight's U.S. market, the weekend still looks bullish.
