March 18, 77 Crypto Share:
$BTC Yesterday closed with a bearish candle, ending the 8-day consecutive gains at the daily level. However, the daily-level rebound trend has not ended. Currently, the 4-hour uptrend line has just formed, and subsequent consolidation rebounds will continue. We need to patiently find the true resistance levels.
The key focus remains on resistance around 80k-85k. This round of rebound is mainly driven by institutions, as evidenced by continuous Coinbase premium and positive ETH net inflows.
US stock indices closed slightly higher, with the Dow up 0.1%, S&P 500 up 0.2