A-Yuebit

Bitcoin's recent pullback, dropping from 69,140 to 68,250, close to 800 points #比特币

Ethereum is also shorting, and there is a downward demand.
Trading suggestion: Short in batches between 2075-2100, targeting 2020-1980#ETH .

The Bitcoin market is in a clear downtrend. It retreated for a day yesterday, reaching a low of around 68,110. From the current perspective, all indicators are pointing downward.
Although the bearish trend dominates, the previous support at 67,300 has not been touched yet, so we need to wait for a rebound to prevent chasing the bottom.
Trading suggestion: Short in batches at 69,000-70,000, with a target of 67,000 #币圈

Bitcoin rebounded from the high of 72,000 and then fell back, closing lower in the afternoon, repeatedly breaking below the 70,000 level. The short-term bullish structure has been completely broken, and bearish signals are densely appearing in the market.
Moving averages are collectively turning downward, Bollinger Bands are widening, and the bearish momentum continues to expand. The rebound lacked volume support throughout, and market selling pressure has significantly increased, with weak willingness from bottom-fishing funds to enter.
The current trend is clear; do not blindly bottom-fish o

The idea is correct, and the space is available #比特币

3.26 Bitcoin Analysis
From the 4-hour chart structure perspective, the price encountered resistance and quickly pulled back after testing the middle band of the Bollinger Bands upward. Currently, the Bollinger Bands are showing a downward-opening formation, and a clear downtrend channel has formed. This rebound attempt has essentially failed. The short-term moving average system has formed a death cross and continues to diverge downward, establishing a bearish alignment pattern. Price continues to be suppressed below the moving averages, indicating strong resistance from above.
In terms of MAC

# 3.25 Bitcoin & Ethereum Strategy
**Daily Chart Analysis:**
Bitcoin is currently operating within a high-level consolidation box of 69000-73000. The moving average system has completely leveled off, with bullish and bearish forces in relative equilibrium. No clear directional trend has formed yet, with the overall pattern characterized by range-bound consolidation.
**4-Hour Chart Analysis:**
After retesting the core support near 69000, price has shown a clear stop-loss signal. Oscillating indicators like KDJ and RSI have turned upward from low levels, with momentum for short-term rebound reco

Yesterday, BTC had a false breakout. Currently the support level below is around 69,000. The resistance above is in the 71,500-72,000 range. Breaking through and stabilizing above it, we can follow the momentum and go long accordingly.
For intraday trading, I recommend patiently waiting for a pullback to the 69,800-69,300 range before going long. First watch the 71,500-72,500 level.