Crypto Circle Mr. Coin: 3.25 Bitcoin (BTC) Market Analysis Reference

The current price of Bitcoin is 70050, at the hourly level here, the long lower shadow hit around 68800, and then quickly rebounded to around 70295 by midnight. This action was decisive, with solid buying support around 69000 in the short term, serving as short-term support. Looking at the daily chart, there have been two consecutive days closing with long upper and lower shadows forming a spindle line. This K-line pattern indicates fierce battles between bulls and bears at this position, consolidating around 70,000, with the direction yet to be determined.

From the indicators, this entanglement can also be observed. The 4-hour MACD has just crossed above the zero axis, with the red bars turning red, but the momentum is very weak, belonging to that state of "crossed but lacking strength." And what about the daily MACD? It is still a dead cross, with larger and smaller cycles fighting against each other. The moving average price is around EMA7, approximately 70144, with the 30-day and 120-day moving averages sticking together, forming a clear pressure zone. To go up, it must first overcome this barrier. At the 4-hour level, the previous decline was on high volume, 5583 pieces, with short-term selling pressure emerging. But what about the subsequent rebound? Only 1052 pieces, with a significant reduction in volume. This structure of high-volume decline and low-volume rebound indicates weak willingness for short-term buying. The same goes for the daily level, with trading volume decreasing in a stepwise manner over the past three days: on the 23rd, 9166 pieces, on the 24th, 18621 pieces, and today so far only 1052 pieces. The buying power lacks continuity, which is the biggest hidden danger in the market.

Overall, the situation now is that there is support below and pressure above, with low volume in the rebound, resulting in a stalemate between bulls and bears. There is no need to rush in operations; let the market find its direction first. Follow Mr. Coin for real-time market analysis.

3.25 Bitcoin short-term reference:

71300-72300 interval, defend at 75500, stop loss 500 points, target below 71300

68300-69300 interval, target above 70300, stop loss 500

There may be delays in sending chapters; the strategy suggestions are for reference only. The market changes rapidly, regardless of how high your judgment of the market is, be sure to manage your take profit and stop loss well, securing profits safely #特朗普缓和局势 #美国暂缓攻击伊朗发电站 #BTC #ETH（二饼）