3.27 Friday $BTC Morning Operation Strategy with Market Analysis:
During the midnight period, prices continued the downward trend from yesterday, fluctuating downwards from around 69000, hitting a low of 68135, creating a new daily low. After reaching the low point, there was a technical rebound, with prices quickly rising back to around 68800, followed by a narrow consolidation around the 68700-69000 area. In the early morning, it slightly rose above 69000 before being pressured back down again. Overall, the price dropped first and then rebounded in the early morning, with the low of 68135 forming short-term support, but the rebound strength is limited, and prices remain under pressure below the 69000 mark. #加密市场回调
From the four-hour chart, the candlestick pattern shows a clear downward channel, with highs continuously declining and lows consistently hitting new lows, maintaining a bearish pattern. The price has currently given a certain strength of rebound near the lower boundary but has not made further recovery. There is still key resistance above, while the bottom at 68000 has once again formed a key support structure. The market is currently in a correction phase within a weak structure, experiencing short-term rebound consolidation, but the strength is not significant. The day market still needs to look for range consolidation before waiting for the evening U.S. stocks to drive the entire market.
Operation Suggestion:
For Bitcoin during the day, reference 68000-69500 for range, with a focus on short positions. #比特币走势分析
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