$BTC 3.18 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions

From the four-hour timeframe, although the price surged higher followed by four consecutive bearish candles for pullback, this is merely a technical correction for the preceding rapid rally. The subsequent K-line patterns clearly show that downside momentum is exhausting, and the market has entered a consolidation phase characterized by mixed small bearish and bullish candles. While the battle between bulls and bears appears intense, the bullish defense line is actually solid, and bear counterattacks lack conviction. This level of correction is completely normal within a bull market structure.

Shifting to the hourly timeframe, after briefly probing down to the lower support zone, the price quickly consolidated around the 74,000 USD level. This is an extremely positive signal, indicating strong buying intent below and sufficient market absorption capacity. Short-term bearish momentum continues to weaken, while the overall uptrend channel and structure remain perfectly intact. Declining volume during the correction suggests selling pressure is exhausting; the stability of consolidation foreshadows the approach of the next wave of gains.

At the current juncture, every correction serves to enable better rallies. Since the uptrend structure remains undamaged, we should not be blinded by short-term volatility. I recommend maintaining strategic discipline in operations—no need to chase higher prices; patiently await pull-back consolidation for appropriate entry opportunities. When the market completes its accumulation and bearish reversal signals appear, that is the optimal time to ride the trend. Continue following this main upwave trend to reach even higher peaks!

Bitcoin: Consider longs near 73,600, target 75,500
Ethereum: Consider longs near 2,310, target 2,400#Gate13周年全球庆典