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3.6 Friday Morning Market Analysis
Bitcoin retested around 70,600 in the early hours, stopped falling, and started to strengthen, with a rebound up to the 71,500 level. Currently consolidating around 71,000. The early morning profit-sharing order given to fans and friends also achieved a maximum of 700 points of profit. Friends who haven't exited yet, please be patient and hold, waiting for a rally!
From a technical perspective in the morning, the structure is basically the same as in the early hours, with the hourly chart showing alternating bullish and bearish oscillations and stabilizing. The support at 70,000 remains effective!
For short-term trading in the morning, mainly consider low buy positions.
Bitcoin: Buy around 69,000, target 73,500
Ethereum: Buy around 2,030, target 2,200