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Market Analysis: $BTC (2026-3-9)
Short positions are still being held, and although profits have retraced, there is no panic. The medium to long-term outlook remains bearish📉, with a target below 59,000. Be sure to hold firmly on short positions around 70,000!
Trading Strategy:
The bottom rebound level was actually marked in yesterday's market analysis chart. The first resistance level is around 69,000. This is a good entry point for short positions. Given the current upward momentum, it is likely to reach!
Adding to the second short position: around 70,900. Keep the initial position light, at 5% of the capital. The second short position can be increased by another ➕ to 10%.