March 28 Market Analysis and Trading Strategy
1. Long-term Strategy
The market continues to weaken, with limited downside space. The bullish pattern has been broken, so we will observe for now; a small long position can be attempted near 63000, with a critical dividing point of 69100 for long and short positions.
2. Short-term Strategy
1. Volatility Range: 66000-68500
2. Key Levels
- Resistance Levels: First resistance at 68500, second resistance at 70200
- Support Levels: First support at 66000, second support at 63000
3. Operating Method: Rotate operations within the range, switch zones according to breakouts/breakdowns of the corresponding levels
3. Trading Precautions
- Only trade at key levels, patiently wait for opportunities
- Strictly control positions, flexibly take profits, and enforce stop losses
- Avoid chasing orders and counter orders, be cautious of the conversion between support and resistance levels
- The market is highly volatile, make sure to manage risk
- Strategy for reference only #BTC行情