Morning market review - Saturday, March 14, 2026

On the daily chart, consolidation is visible after a downward trend, with clear support around 68,000 USD. Resistance is at the level of 72,000 USD, which has been tested multiple times but not broken. The current market sentiment indicates the possibility of a rebound, but confirmation of buying strength is needed. The 50-day moving average remains below the 200-day moving average, suggesting that the downward trend may continue.

On the 4-hour chart, a trend reversal formation is forming, but there is still no clear breakout. The price is oscillating in the range of 70,000 – 71,500 USD, with local support at 70,000 USD. Current volumes are moderate, which may suggest preparation for a larger move. Technical indicators, such as RSI, show neutral values.

The hourly chart shows slight selling pressure, with lower highs and lows forming. The key support level is 70,000 USD, which, if broken, could lead to further declines. The current resistance is at 71,000 USD. Momentum indicators suggest the possibility of further weakening in the short term.

The 15-minute chart suggests short-term consolidation in a narrow range of 70,400 – 70,600 USD. There are slight fluctuations in volume, which may indicate a lack of decisiveness among investors. Short-term support is at 70,400 USD, and resistance is at 70,600 USD.

Current options data from the IBIT instrument indicates a moderately bullish sentiment with a Put/Call ratio of 0.61. The largest open call positions are at levels of 42 USD, which corresponds to a 5% increase from the current price. The Max Pain at 42 USD suggests that the interests of option sellers may be protected at this level. The high volume of call options compared to puts may support the bullish scenario.

Bitcoin is currently in a consolidation phase with key support at 70,000 USD and resistance at 72,000 USD. The overall market sentiment is moderately bullish, which supports a potential rebound but requires confirmation. Options indicators also suggest the possibility of an increase to the level of 42 USD. Key levels to watch are 70,000 USD as support and 72,000 USD as resistance.

On the daily chart, Ethereum remains in a downward trend, despite recent attempts to rebound. The price oscillates around the level of 2076 USD, which can be seen as short-term support. Increases will encounter resistance around 2200 USD, where the previous peak is located. Moving averages indicate a continuation of downward pressure, suggesting caution when making purchasing decisions.

On the 4-hour chart, there is an attempt to stabilize around 2076 USD. The price is in consolidation, with a clear resistance at 2125 USD. A breakout of this level could open the way to testing higher values, but in the absence of a bullish impulse, a return to support at 2025 USD is possible.

The hourly chart shows successive tests of the 2076 USD level as support. We are observing slight selling pressure, but there is no clear trend. The key level to watch is 2100 USD, a breakout of which may indicate a short-term upward movement. The oscillators do not indicate extreme levels, suggesting the possibility of further consolidation.

On the 15-minute chart, low volatility is visible, with the price hovering around 2076 USD. There are slight attempts to bounce, but there is no clear direction. Short-term support is at 2070 USD, while the level of 2085 USD may act as resistance.

Options data indicates a moderately positive sentiment with a Put/Call ratio of 0.59. The highest interest is observed at the Max Pain level of 20 USD, suggesting a potential target for increases. Open interest at the levels of 16 USD and 20 USD is significant, which may indicate key levels for options traders. The overall situation favors bulls, although market sentiment is clearly influenced by fear, which may limit increases.

Ethereum remains in a downtrend, with key support levels at 2076 USD and resistance at 2125 USD. The market bias is neutral with a slight indication of declines, despite moderate bullish sentiment in the options data. Key levels to watch are 2025 USD as support and 2200 USD as resistance. The current fear sentiment may influence further price movements.