Early Rally Faces Resistance, High-Level Consolidation Dominant, Treat Rebounds with Short Positions (March 13)
After a rapid early rally, momentum was insufficient, upward strength clearly limited. BTC touched key resistance near 71900 and quickly retreated, with previous highs forming a strong resistance zone.
Current movement is only short-term technical correction, not trend reversal. High-level choppy pattern unchanged, overall rhythm remains consolidation-focused.
Reference Range Strategy: • BTC: 71500–72000 zone can opportunistically short, downside target 70000 level
• ETH: 2160–2130 zone can opportunistically short, downside targets 2080, 2020
Strictly control risk, no chasing highs, no holding losing positions, execute by signals. Not sure when to enter 🤔 bamboo leaves $BTC $ETH #加密市场上涨
Early Rally Faces Resistance, High-Level Consolidation Dominant, Treat Rebounds with Short Positions (March 13)
After a rapid early rally, momentum was insufficient, upward strength clearly limited. BTC touched key resistance near 71900 and quickly retreated, with previous highs forming a strong resistance zone.
Current movement is only short-term technical correction, not trend reversal. High-level choppy pattern unchanged, overall rhythm remains consolidation-focused.
Reference Range Strategy:
• BTC: 71500–72000 zone can opportunistically short, downside target 70000 level
• ETH: 2160–2130 zone can opportunistically short, downside targets 2080, 2020
Strictly control risk, no chasing highs, no holding losing positions, execute by signals.
Not sure when to enter 🤔 bamboo leaves
$BTC $ETH #加密市场上涨