March 13 BTC/ETH:

After several days of consolidation, did the bulls break higher today?

The biggest factors determining the market's major trend are the results of Fed rate cuts and geopolitical conflicts, which directly determine whether major players can enter and drive up the market. First, the Fed's March 18 interest rate decision will definitely not cut rates, and geopolitical conflicts remain in a stalemate. Looking at the funding rate from yesterday, short-term gains show negative rates, which is the consistent pattern of taking big losses for small gains, and currently it has returned to positive!

BTC
Current price has touched the 7200 daily resistance level, with the maximum pressure above being 7400. There is a need for some pullback intraday, depending on whether the pullback strength can break below 7060. If it cannot break through, the rebound will continue and we need to wait around 7400. If the hourly level closes above 7200, manually exit positions.

Around the 7180-7230 range, defend 7290, target 7060; if broken, look for 6940-6830.

ETH
Around the 2136-2157 range, defend 2201, target 2072; if broken, look for 2037-2003.

Short-term trading adjusts flexibly; defense levels should be determined based on your actual position situation! $BTC #加密市场上涨