3-19 Midday Analysis

From a technical perspective, the four-hour Bollinger Band lower rail support has demonstrated effectiveness. After price exploration, buying pressure has been strong, effectively halting the downtrend of the previous four consecutive bearish candles. The K-line formed a bottom reversal and closed bullish, with initial confirmation of support levels.

Indicators are releasing positive signals in sync:
The KDJ indicator formed a golden cross in the oversold zone and turned upward, with short-term rebound momentum progressively strengthening;
The MACD green histogram continues to shrink and converge, bearish momentum is weakening, bullish strength is gradually returning, and market sentiment is recovering.

Trading Recommendations
Layer in bullish positions near 70000–70500, with targets toward 73000–74000
After breakthrough and consolidation, further upside can be watched toward 76000