Financial Research Society ~ March 23, 2026

BTC/ETH News + Key Points + Trend Analysis

1. Macroeconomic Pressure: The Federal Reserve's March decision maintains the interest rate at 3.50%-3.75%, with only one rate cut expected in 2026, high-interest environments squeeze the valuations of risk assets.

2. Geopolitical Disturbance: The escalation of the situation in the Middle East triggers a flight to safety back to the dollar, with cryptocurrencies switching from 'safe haven' to 'high Beta risk assets', leading to liquidity crunches.

3. Capital Structure: Institutional ETFs continue to see net inflows (long-term support), but short-term retail long positions are concentrated and facing liquidation, exacerbating volatility.

4. Fear Index at 10 (extreme fear), total liquidations on the network exceed $550 million, with long positions accounting for over 80%.

Bitcoin's reference range for today

Support levels: around 67500, around 66800, around 66000

Resistance levels: around 69000, around 70000

Ethereum's reference range for today

Support: around 2030, around 1980, around 1,915

Resistance levels: around 2100, around 2130

Bitcoin's daily level retracement, once again breaking below the life line support and the daily Bollinger middle track, downward bearish trend. After the announcement of no rate cuts, all investment targets except oil have experienced significant declines. Bitcoin's four-hour level has once again hit the bottom, retreating along the lower Bollinger track. The crypto market remains in a fluctuating adjustment phase, with a slow decline at the bottom. #美联储3月议息会议 $BTC $ETH