Sunday, March 29, $BTC Brother Lai's Market Analysis Thoughts:
On the four-hour level, the coin price faced a slight rebound after a strong pullback, but the extent of this rebound is limited, indicating that there is still pressure above in the market, currently in a consolidation phase, with bearish momentum ready to emerge. Switching to the hourly chart perspective, the coin price stabilizes in the middle-lower range, having experienced a rapid pullback, with bearish momentum reappearing, and the bearish energy bar slightly strengthening. In the short term, although the market may continue to experience slight rebounds, given the presence of multiple solid resistance levels above, shorting during the rebound currently seems to be a good choice. In the short term, the market will continue to rotate in a complex environment of intertwined bullish and bearish forces, with the market fluctuating like waves, sometimes surging strongly upward, and at other times stagnating and retreating. Even when a downward trend appears, it can quickly rebound, and the rapid transition between bullish and bearish is astonishing.
Operational Suggestions:
Entry: 66650–66600
Targets: 66000 → 65500 → 65000
Stop Loss: 67000
In the short-term market structure, blindly chasing a one-sided trend may lead to a passive predicament. The evolution of market trends is not achieved overnight, but follows the natural law of oscillating upward, followed by short-term rebounds and then retractions, which is the healthy pace for the market's steady progress. Our market outlook remains unchanged, maintaining high participation in short positions.
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