Currently, Bitcoin is in a phase of staged decline, with frequent large bearish candles appearing. During rebounds, bullish candles lack strength with short real bodies, showing insufficient buying support. Multiple tests of lower support followed by brief stabilization, then continued declines. Bearish forces remain dominant.
• Upper Resistance Zone: Around 69,000–70,000. If rebounds encounter significant resistance here, consider placing short positions in batches strategically. • Lower Support Level: Around 67,000. If effectively broken through, will open further downside space.
Following consecutive days of decline, the market tends to have a need for technical rebounds. If prices rise rapidly and break through, need to adjust short position strategy in time to avoid being trapped by rebound moves. Simultaneously, monitor Federal Reserve policy, US stock correlation and other external messages. Sudden positive/negative news may break the current technical trend. $BTC $ETH $SOL #Gate13周年全球庆典 #比特币支撑阻力位分析 #加密行情震荡 #美联储维持利率不变
3.23 Monday Morning Bitcoin Analysis
Currently, Bitcoin is in a phase of staged decline, with frequent large bearish candles appearing. During rebounds, bullish candles lack strength with short real bodies, showing insufficient buying support.
Multiple tests of lower support followed by brief stabilization, then continued declines. Bearish forces remain dominant.
• Upper Resistance Zone: Around 69,000–70,000. If rebounds encounter significant resistance here, consider placing short positions in batches strategically.
• Lower Support Level: Around 67,000. If effectively broken through, will open further downside space.
Following consecutive days of decline, the market tends to have a need for technical rebounds. If prices rise rapidly and break through, need to adjust short position strategy in time to avoid being trapped by rebound moves. Simultaneously, monitor Federal Reserve policy, US stock correlation and other external messages. Sudden positive/negative news may break the current technical trend.
$BTC $ETH $SOL
#Gate13周年全球庆典 #比特币支撑阻力位分析 #加密行情震荡 #美联储维持利率不变