March 26 BTC/ETH:

U.S. unemployment data is coming, and Bitcoin faces a decisive moment between bulls and bears!

A month-long geopolitical dispute continues, with Iran drafting a protocol to "charge tolls" at the Strait of Hormuz, while crude oil rebounds, triggering inflation shocks. Japan’s rate hike policy is taking effect, with the 2-year government bond yield reaching its highest level since 1996. The likelihood of further rate hikes and tightening remains high, putting pressure on the Fed’s rate cut expectations. Tonight’s unemployment data will likely be poor, potentially triggering another wave of crypto selling!

BTC
The market is under pressure at the daily resistance of 7200, with a shooting star candlestick confirming a bearish reversal. High-level profit-taking and selling pressure are evident. On smaller timeframes, a pullback below support levels could continue, with intraday rebounds facing resistance at 7080. The hourly chart shows inability to hold above the rebound level, and a pullback below 6920 could extend the correction. Watch for support at this level.

Range around 7080-7120, with a defense at 7210. If broken downward, target 6920, then look toward 6830-6730.

ETH
Range around 2142-2161, with a defense at 2203. If broken downward, target 2104, then look toward 2064-2015.

Short-term trading is flexible and depends on your position size and actual situation! $BTC #加密市场回涨