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2026.3.5 BTC-ETH Intraday Key Level Analysis
Yesterday's market analysis indicated a rebound trend across the board, suggesting traders mainly buy on dips and take small long positions at strong resistance levels. Short positions should be closed decisively if broken. I was just casually mentioning it, and I guessed correctly again. Yesterday, a large bullish candle directly broke through the daily horizontal consolidation top near 72,000. Therefore, the next focus is on whether Bitcoin's daily pullback stays above 70,000. If so, a new upward trend begins.
Today, watch for the 1-2 hour chart to close above 72,280; if the price remains above this level, the trend is bullish. Upward resistance levels to watch are around 74,070, 76,900, and 79,300.
If the 1-2 hour pullback today breaks below 72,280, it indicates the short-term market is weakening, and a 2-hour correction may begin. Support levels to monitor are around 70,500, 68,900, and 67,430.
Ethereum today, watch for the 1-2 hour chart to close above 2,106; if the price stays above this level, the trend is bullish. Resistance levels are around 2,199, 2,290, and 2,354.
If the 1-2 hour pullback today breaks below 2,106, it suggests the market is weakening, and a 2-hour correction may start. Support levels to watch are around 2,051, 2,000, and 1,943.