#BTC行情 Current BTC price: 66144 USDT, Analysis: March 28th 12:08
Friends, the market's cold water splash is pretty fierce, right? Sister Qinglan felt a tightness in her chest when she saw the data. Don't panic, the more it is like this, the clearer we need to see what the charts are saying. Let's use the TPV system to sort it out.
Looking at multiple cycles, the signals are somewhat divergent. In the 15-minute and 1-hour cycles, although many upward trend lines have passed the third verification, prices have already broken below some of the most crucial ones, such as the line at (6,70408) and (18,70530) in the 1-hour cycle. The 4-hour and daily levels are different; the upward trend lines remain strong, especially the long-term support line on the daily that extends from around $60,000, which has solid verification. What does this indicate? Short cycles are under pressure, but the upward structure of the larger cycles hasn't been completely destroyed, and there isn't a downward resonance forming.
The key price levels are very clear. The upper resistance is first seen at the extended position of the 1-hour downward trend line, around the 67500-68000 area, which is the short-term dividing line for bulls and bears. The strong support below is at the extension of the daily trend line, which is near 65500, and this morning's low has already tested it. Further down, we need to watch the 65000 integer level.
In terms of capital and sentiment, the data speaks for itself. The fear and greed index has been stuck in 'extreme fear' for three days, with increased trading volume, coupled with headlines like 'whale sell-off' and 'mining companies transitioning', typical characteristics of panic selling. However, the market cap of USDT remains stable at 18.4 billion, indicating that external funds have not yet exited and are just observing.
In terms of trading strategy, Sister Qinglan suggests: be cautious of rebounds, but never chase shorts. Consider trying a light long position in the support zone of 65500-65800, with a stop loss below 64800, aiming for a first target of 67500 and a second target of 68500. The risk-reward ratio exceeds 1:1, making it worth a try.
Personally, I feel that the market's panic in this wave is somewhat excessive. As long as the daily trend line is not broken, the story is not over yet. But remember, any rebound in a bear market is an opportunity for you to adjust your positions, not a courage to go all in. Stay steady, protect your capital, and we can wait for the real good opportunities.
⚡️ The above is based on Qinglan's TPV trading system market analysis. For precise entry points, take profit, and stop loss, please refer to: Qinglan Crypto Classroom: qinglan.org for dynamic tracking and full-cycle analysis.
📊 Qinglan TPV trading strategy 🕒 Last backtest time 03-28 11:27:14
Total analysis: 427 Backtest: 414 Accuracy: 73.2% (303/414)