比特币（BTC）从3月10日的76,606美元中弹起，但熊无法维持3月12日以上$ 84,500的价格。

Nansen首席研究分析师Aurelie Barthere告诉Cointelegraph，比特币在牛市中处于宏观校正中，下一个关键水平为“ 70,000-72000美元，$ 72000，是大选前交易范围的顶部”。

Bitcoin (BTC) price bounced from the crucial support of $76,606 on March 11, but the bulls could not sustain the price above the 20-day exponential moving average (EMA) of $84,500 on March 12.

比特币（BTC）的价格来自3月11日的76,606美元的关键支持，但公牛无法维持3月12日以上20天的指数移动平均价格（EMA）的价格高于84,500美元。

According to principal research analyst at Nansen Aurelie Barthere, Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.”

根据Nansen Aurelie Barthere的首席研究分析师的说法，比特币在牛市中处于宏观校正，下一个关键水平为“ 71,000-72,000美元，$ 72,000，是选举前交易范围的顶部。”

Bitcoin could bottom out near $70,000 if selling persists

如果销售持续存在，比特币可能会降到70,000美元接近70,000美元

Onchain analytics firm Glassnode also projected a similar target in its March 11 market report. The firm said the recent sell-off had been triggered by the short-term holders who may have purchased near the peak in January.

OnChain Analytics公司GlassNode在3月11日的市场报告中也预测了类似的目标。该公司表示，最近的抛售是由短期持有人触发的，他们可能在一月份在峰值附近购买。

Crypto market data daily view. Source: Coin360

加密市场数据每日视图。资料来源：COIN360

If selling persists, Bitcoin could bottom out near $70,000, while a return to the all-time highs of around $80,000 would be contingent upon a substantial shift in market sentiment.

如果销售持续存在，比特币可能会在70,000美元的底部降低，而回到历史最高高点约80,000美元的返回将取决于市场情绪的重大转变。

"This aligns with the price action observed in the past, where significant support levels were established at round numbers, such as $10,000 and $60,000, acting as strong defense points against bearish pressure."

“这与过去观察到的价格行动相吻合，在过去的情况下，以综合数量（例如10,000美元和60,000美元）建立了显着的支持水平，这是针对看跌压力的强大防御点。”

The onchain analysis further revealed that the majority of the recent price decline was absorbed by a large institutional wallet, which is incrementally accumulating Bitcoin in anticipation of a potential price rebound.

OnChain分析进一步表明，最近的大部分价格下跌都被一个大型机构钱包所吸收，该钱包逐渐积累了比特币，预期潜在的价格反弹。

"This activity is noteworthy as it showcases the potential for a rapid price recovery if institutional demand outpaces selling pressure from short-term holders."

“这项活动值得注意，因为如果机构需求超过卖出短期持有人的压力，它会展示出快速价格恢复的潜力。”

The report also noted that the Bitcoin network has been processing a relatively high volume of transactions despite the market downturn. This surge in activity is being driven by DeFi protocols and Layer-2 scaling solutions, which are facilitating new use cases and applications for Bitcoin.

该报告还指出，尽管市场经济不景气，但比特币网络仍在处理相对较高的交易。这种活动的激增是由DEFI协议和2层缩放解决方案驱动的，这些解决方案促进了新的用例和比特币应用程序。

"This influx of transactional demand is a positive sign for the long-term health of the Bitcoin ecosystem, as it indicates a growing interest and participation in the network."

“交易需求的这种涌入是比特币生态系统长期健康的积极信号，因为这表明兴趣不断增长并参与网络。”

The crypto market has been largely friendless in the past few days. Even the US stock market has come under pressure, with the Dow Jones Industrial Average (DJI) slipping below the 33,000 point support.

在过去的几天里，加密市场基本上是无友的。即使是美国股市也承受了压力，道琼斯工业平均水平（DJI）的下滑低于33,000点支持。

However, there are a few silver linings for the bulls. The US Dollar Index (DXY) has corrected from its multi-year high of 110 to 104.

但是，公牛有一些银色的衬里。美元指数（DXY）已从其多年高点的110到104纠正。

Bitcoin generally moves in inverse correlation with the dollar, suggesting that a bottom may be around the corner.

比特币通常与美元的反相关性移动，这表明底部可能在拐角处。

Could Bitcoin retest the support at $76,606 or rise above $85,000? What are the important support and resistance levels to watch out for in altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

比特币可以以$ 76,606的价格重新测试支撑，还是上涨了$ 85,000？在AltCoins中要注意的重要支持和阻力水平是什么？让我们分析前10个加密货币的图表以找出答案。

Bitcoin price analysis

比特币价格分析

Bitcoin broke below the crucial support at $78,258 on March 10 and fell to $76,606 on March 11, but the bears could not sustain the lower levels. This suggests solid buying by the bulls.

比特币在3月10日的关键支持下以78,258美元的价格打破，并在3月11日下跌至76,606美元，但熊无法维持较低的水平。这表明公牛队的稳定购买。

BTC/USDT daily chart. Source: Cointelegraph/TradingView

BTC/USDT每日图表。资料来源：Cointelegraph/TradingView

The relief rally is facing selling pressure at the 20-day exponential moving average (EMA) of $87,262, but a minor positive in favor of the bulls is that the relative strength index (RSI) is showing a positive divergence.

救济集会在20天的指数移动平均值（EMA）为87,262美元时面临销售压力，但对公牛队有利于公牛的次要积极因素是相对强度指数（RSI）显示出阳性分歧。

Buyers will have to drive the price above the 20-day EMA to suggest that the correction could be ending. The BTC/USDT pair may then ascend to the 50-day simple moving average (SMA) of $94,654.

买家将不得不将价格提高到20天的EMA以上，以表明更正可能会结束。然后，BTC/USDT对可以上升到50天简单的移动平均值（SMA），为94,654美元。

On the downside, the bulls are expected to defend the $73,777 level with all their might because a break below it may sink the pair to $67,000.

不利的一面是，公牛队有望捍卫73,777美元的水平，因为它以下的休息可能会使这对夫妇降至67,000美元。

Ether price analysis

以太价格分析

Ether (ETH) fell below the crucial support at $1,993 on March 9 and extended the decline to reach $1,754 on March 11. The bulls are trying to start a recovery, which is expected to face significant resistance at the breakdown level of $2,111.

Ether（ETH）在3月9日的关键支持下低于至关重要的支持，并将下降幅度延长至3月11日的1,754美元。公牛队正试图开始恢复，预计这将在2,111美元的分解水平上面临明显的抵抗。

ETH/USDT daily chart. Source: Cointelegraph/TradingView

ETH/USDT每日图表。资料来源：Cointelegraph/TradingView

If the price turns down sharply from $2,111, it will signal that the bears have flipped the level into resistance. That heightens the risk of a break below $1,754. The ETH/USDT pair may then slump to $1,500.

如果价格从2,111美元急剧下降，它将表明熊已经将水平转化为电阻。这将休息的风险提高到1,754美元以下。然后，ETH/USDT对可能会跌至$ 1,500。

Conversely, a break above the 20-day EMA of $2,235 suggests that the markets have rejected the break below $2,111. The pair may then climb to $2

相反，超过20天EMA的休息时间为2,235美元，这表明市场拒绝了低于2,111美元的休息时间。这对夫妇可能会攀升至$ 2