3.28BTC/ETH Market Outlook:

The market has fallen back into consolidation again. Yellow hair shouted about negotiations, Iran immediately came out to deny it, it's like playing house—truth and falsehood are unclear, and the market seems to be in a wait-and-see mode as well. Last night, I publicly gave shorts at 70000 and 2140. The lowest retracement went to 68900 and 2102 levels. For short-term scalping, it can take a small bite, but the market keeps testing back and forth with repeated oscillations. Operationally, there's no macro structure, so the best approach is to reduce positions whenever there's profit, then switch to break-even stops.

After Bitcoin's bottom at 59800, a rising trendline formed below. The retracement lows so far haven't broken through the trendline, so bears shouldn't be overly optimistic. Shorts can only be done on rallies; short-term shorts in the middle positions should take profits quickly upon any good opportunity. On the 4-hour level, the Bollinger Bands middle and upper rails are both expanding upward. KDJ and RSI are turning upward. After finding support at the middle rail last night, the bounce has started. On the daily K, the Bollinger Bands three rails are flattening and narrowing. Don't enter shorts too early—don't underestimate the demand and strength of bounces.

For evening operations: if wanting high shorts, pay attention to the resistance at 72500 and 74000 above. After being rejected at the high, shorts can enter accordingly. If wanting low longs, wait for retracement. If the 69000 support holds, shorts can join the bounce process going long. These middle positions are not ideal for operations!

Regarding Ethereum: if wanting high shorts, note the daily K upper rail resistance at 2300 and the previous high near 2385. Only enter shorts accordingly after being rejected at these highs. If wanting low longs, pay attention to the retracement process, testing the 4-hour middle rail support at the 2100 level. If this doesn't break, you can try entering long positions. #Gate正式接入Polymarket $BTC