3.11

The 4-hour level signals are already very clear: the price touches the upper Bollinger Band and quickly pulls back. The previous bullish candles' gains have been completely wiped out, and the bulls, who showed signs of a rebound, are immediately suppressed. The upward momentum has directly fizzled out. The market rhythm has clearly shifted, and the bears have regained control. The short-term rally driven by external positive factors was just a fleeting moment and cannot fundamentally change the overall weak pattern.

On the daily chart, a long upper shadow directly undermines the bulls' confidence. Even though two consecutive bullish candles have appeared, the upward strength is clearly insufficient, and the price has not been able to break through the upper Bollinger Band resistance, with the upward momentum continuously weakening.

Overall, today's market is likely to continue weakening after some consolidation, with the overall trend still dominated by bears.

Bitcoin suggestion: Range around 70,500-71,100, with a downside target of 69,500-68,000.

Altcoin suggestion: Range around 2,060-2,090, with a downside target of 2,000-1,900. #GateAI蓝龙虾重磅上线 #加密市场上涨 #特朗普称伊朗战事接近尾声