3.23 Sunday, Bitcoin Latest Market Analysis:

The market fluctuated within the range of 83900 to 84500 over the weekend. Yesterday morning, after Bitcoin's price touched the daily low of 83940, it embarked on a gentle rebound journey, reaching the high point of 84509 before the price began to face downward pressure, exhibiting typical resistance area characteristics. During the downward fluctuations, Bitcoin's price retraced to a low of 83932, almost returning to the morning's starting point. Ethereum rebounded from its morning low of 1961, peaking at around 2006. The retracement of Ethereum more exhibited a step-like characteristic, ultimately stopping at 1980.

The overall market is currently weakening, with price fluctuations gradually narrowing. The market is in a critical repair period, waiting for the next wave of significant market movement. From a technical analysis perspective, Bitcoin's price maintains a weak pattern in the short cycle, lacking obvious upward momentum. On the four-hour candlestick chart, the price has fallen below the middle band of the Bollinger Bands and continues to hover between the middle and lower bands, so short-term operations can still refer to yesterday's range!

Bitcoin: 85000-83000 (high short, low long is fine)

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