Brothers, today is Saturday, and the market is not very volatile. Occasionally, there may be slightly larger fluctuations over the weekend; otherwise, we can only engage in small segments. Let's briefly review last week's market. Bitcoin broke through the $85,000 mark strongly on March 20, reaching a recent high with a daily increase of over 3%. However, the market then experienced severe fluctuations, dipping below $83,000 on March 22 but ultimately rebounding and stabilizing around $84,650, with a 24-hour decline narrowing to 1.33%. The price formed short-term support near $83,000, while $85,000 became an important resistance level; after breaking through, the market failed to maintain high levels. Bitcoin faces selling pressure around $85,000, but on-chain data shows that whale addresses are accumulating at lower levels, and exchange stock is decreasing, releasing bullish signals. Short-term bullish factors include the SEC easing regulations, institutional capital inflow, and demand for safe-haven assets; however, caution is needed due to potential volatility caused by the Federal Reserve's policy discrepancies and geopolitical conflicts. If it can stabilize above $85,000, it may challenge $90,000; if it falls below $83,000, it could retrace to the $80,000 support level. Ethereum surged 7% in a single day on March 21, and then on March 22, it broke through the $2,000 mark, with a 24-hour increase of 1.11%. The price fluctuated between $1,880 and $2,070, with support and resistance levels at $1,900 and $2,050, respectively. Whales purchased over 120,000 ETH (approximately $236 million) in three days, indicating increased confidence from institutions in the market's future. The 24-hour trading volume reached $41.5 billion, significantly enhancing market activity. The MACD histogram shows an increase in bullish strength, but reduced trading volume leads to the risk of 'volume-less increases,' necessitating caution against high-level pullbacks. Short-term overbought signals (Williams indicator) and the stability of the support level ($1,900) have become focal points in the market. The expansion of the DeFi and NFT ecosystems and the technical dividends of Ethereum 2.0 remain core driving forces, with long-term prices possibly driven by increasing institutional holdings.

Short position near 84,600 for Bitcoin, aggressors may short directly with targets at 83,600-82,800-81,200.

Short position near 2,010 for Ethereum, aggressors may short directly with targets at 1,940-1,900-1,870.

The market changes rapidly; proceed with caution when entering! The above analysis represents personal opinions, and the content is for reference only and does not constitute trading advice. Trading profits and losses are at your own risk.