3.30 Morning

BTC 1-hour period volume breaks below the lower Bollinger Band, the previous high-level震荡 pattern has officially broken, with a minimum touching the 64998 line. Currently, all cycle moving averages are in a bearish arrangement, and prices continue to be under pressure below the short-term moving averages. The KDJ indicator has formed a dead cross and is diverging downwards, with bearish momentum being released intensively. The strength of short-term rebounds is weak, and the downward trend is clearly established.

Market risk aversion sentiment has significantly increased, with clear signs of capital outflow. Bullish confidence continues to weaken, and buying support is insufficient. On a macro level, expectations for tighter Federal Reserve policies continue to ferment, the US dollar index strengthening further suppresses crypto risk assets, and coupled with short-term negative news disturbances, multiple factors resonate to reinforce the bearish trend.

Technically, the downward break, pessimistic market sentiment, and macro bearishness form a triple resonance. Currently, there are no obvious signals for a stop-loss reversal, and rebounds remain under pressure, with a high short position still being the dominant strategy. It is highly likely that a downward exploration rhythm will continue, with a focus on the stability of key support levels below.

Operation Suggestions

Rebound to 66500-67300 to gradually build short positions, targeting 64500-65000, and strictly manage risk control. $BTC $ETH #美国“无王”抗议 #全球市场波动