March 12

● Support levels:
● First support level: 68,977.4 USDT, a key point in the short-term battle between bullish and bearish.
● Strong support: 65,616.3 USDT, a clear low on the chart, if the price breaks below 68,977, it is likely to test this level further.
● Resistance levels:
● First resistance level: 71,320.0 USDT, the highest price in 24 hours, the main obstacle for upward movement at the moment.
● Strong resistance: 73,559.7 USDT, top left corner of the chart, if it breaks above 71,320, it is likely to challenge this highest peak.
From the K-line pattern, the price fluctuates between 65,616 and 73,559, currently positioned in the lower middle range. The short-term trend tends to be weak, so attention should be paid to whether support at 68,977 is effective. If it breaks downward, it is likely to fall further; if it holds above, there is potential for a rebound to test resistance at 71,320.