Tuesday afternoon, March 31st, BTC analysis



BTC intraday trend remains suppressed by the upper boundary of the descending channel, with MACD momentum clearly slowing down, and the bullish rebound weakening. The strategy is to mainly short on rebounds, with a key focus on the 68,000-69,000 range. If this area encounters resistance and cannot hold above 70,000, the bearish structure will continue, and the market is likely to fluctuate downward. The first support level is around 66,000; a break below this could open further downside space. The strategy is to lightly short near the channel resistance.

Trading suggestion:
Buy in the 67,800-68,500 range, with a short-term target of 66,000.
BTC-1,67%
ETH-1,5%
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ThreeFlowersGatherAtTheTopDingvip
· 4h ago
Buy the dip 😎
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