March 27, 2026, Friday Market Review

The intraday market generally maintains a triangular convergence range oscillation, with relatively limited fluctuations, indicating a clear divergence of long and short forces at this point, in a stage of accumulation. For short-term operations, relying on the high and low points of the range for high selling and low buying is manageable in terms of risk, but one should be alert to the possible breakout after an extended consolidation period—usually, the longer the convergence, the stronger the subsequent breakout.

Today's thinking was clarified in the early morning: to lay out long positions near the previous low around 67300. The early morning price tested the support at 68000 effectively, and then prompted the entry of long positions, moving up to around 69500 to complete take profit, capturing about 1500 points of space.

In terms of trend structure, after the daily line big drop broke below the mid-track support, the downward trend temporarily halted near 68000, and it is currently continuously testing the effectiveness of this support position. Whether it will continue to decline after consolidation or stabilize and rebound from here still requires waiting for a breakout signal. From a small cycle perspective, the fluctuation range is gradually narrowing, approaching a directional choice. The key observation above is whether it can stabilize and break through around 69000; if it cannot stabilize effectively, the bulls will still be under pressure; the key support below is at the 68000 level, and if it fails to hold, it may further explore the previous low near 67300—this is both the previous starting point and is considered the last defense line for the bulls. If it breaks below, the space below will further open up.

In summary, my current personal judgment is that the fourth wave rebound structure has not yet completed, and there is a possibility of another retest to confirm support at the daily level. The afternoon strategy will continue the early morning viewpoint, relying on 67300, focusing on rebound opportunities.

Operational Reference:

BTC: Focus on the support near 68000; if it stabilizes, you can try going long, targeting the 70000 level.

ETH: The rhythm is synchronized with BTC, focus on the support near 2040; if it stabilizes at $ETH , you can try going long, targeting the 2100 level. $BTC $BNB