☠️ From 74,000 to 67,900, the bulls' faces are slapped hard

March 7, 2026 17:13

A few days ago, we were still warning that 74,000 hadn't held and to be cautious. Now Bitcoin has dropped directly to 67,907, Ethereum broke below the $2,000 mark, reporting at 1,982, both down nearly 4% in 24 hours. This is no longer a correction; the trend is changing.

Crypto note: biantt.com

This 15-minute chart of Bitcoin explains everything. Starting from the high of 71,387, it has been falling in a stair-step pattern. The SuperTrend 15-minute resistance line has been firmly following from above, each rebound being pushed back down, leaving no room to breathe. Currently, the SuperTrend resistance is at 68,107, with the current price at 67,907, hovering just below the resistance line. Volume also tells the story—during the decline, volume bars increased, now shrinking to 639. Rebounds without volume are the most painful, and it’s hard to find the strength to break free.

Ethereum is even worse. It directly broke below the $2,000 level, with a low of 1,954. Now at 1,982, it has slightly rebounded, but the SuperTrend 15-minute resistance is around 1,968. Although the current price is just above resistance, the overall structure is dominated by bears. From 2,086, it has been falling almost without significant rebounds, indicating that the bulls have no resistance capability.

The common feature of these two charts is one word—falling. No reversal signals are present; discussing bottom fishing now is just asking for trouble.

Probability of Bullish vs. Bearish
BTC | Current Price 67,907
📉 Continuing pressure, falling towards 66,500–67,000 (45%)
SuperTrend resistance at 68,107 is overhead. Without volume on rebounds, they are ineffective. If the resistance cannot be broken effectively in the short term, the key is whether the low of 67,411 can hold. If broken, look directly at 66,500.
⚖️ Range-bound consolidation between 67,500–68,100 (30%)
Back and forth near the lows, both bulls and bears lack strength, just waiting for a direction. With such low volume, sideways movement is quite possible, but this kind of sideways is weak and could break downward at any time.
🚀 Volume breakout above 68,107 resistance, rebound to 69,500 (15%)
Requires substantial positive news or a strong rally in US stocks, with volume quickly returning, breaking through the SuperTrend resistance. Without external drivers, it’s very difficult to rebound to this level on its own.
☠️ Break below 67,411, accelerate downward to 66,000 (10%)
If today’s low of 67,411 is lost, there’s a lack of effective support below. Stop-loss and panic selling will come out together, and 66,000 or even 65,000 are not impossible.

ETH | Current Price 1,982
📉 Losing and regaining the $2,000 level, further decline to 1,950 (45%)
After breaking below 2,000, it rebounded, but structurally, bears still dominate. The SuperTrend resistance at 1,968 has just been slightly broken; if it cannot stabilize, the 1,954 low will be tested again soon. If broken, look at 1,920–1,930.
⚖️ Range-bound oscillation between 1,960–2,010 (30%)
Back and forth near the 2,000 mark, both sides are testing each other. Volume is shrinking, waiting for BTC to set the direction. Ethereum currently has no independent trend; follow Bitcoin’s movement.
🚀 Stabilize above 2,000, rebound to 2,060 (15%)
If BTC can rebound effectively and break through 68,107, Ethereum may follow and rally, returning above 2,000 and testing the previous support turned resistance around 2,060. But the probability of this happening now is low.
☠️ Break below 1,954, heading straight to 1,900 (10%)
If today’s low of 1,954 is lost, the 1,900 level is a psychological support and an important recent support. Whether there are buyers there will only be known later, but the decline will definitely be painful.

Operational advice:
The current market is not suitable for long positions; the trend is bearish across the board. The success rate of contrarian bottom fishing is very low. For shorts, consider light positions near resistance levels—BTC at 68,107, ETH at 1,968–2,000. Place stop-loss orders above resistance and avoid heavy positions trying to hold through the pain.
The most important point: don’t think things are cheap just because they’ve fallen a lot; cheap things can get even cheaper.

⚠️ Content for reference only, not investment advice. The market carries risks; make independent decisions.
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