3.6 Morning Bitcoin Market Outlook


After encountering resistance during the rebound and realizing profits from positive news, combined with the Federal Reserve's high interest rate suppression and weak US stocks, the short-term trend is slightly volatile and weak.
Pullback to 70500, stabilize, go long with light position, stop loss at 69800.
Rebound to 73000, encounter resistance, go short with light position, stop loss at 74000.
If the level breaks, avoid holding positions; trade quickly with small positions, entering and exiting swiftly.
Summary of the strategy:
70500–71000, stabilize and go long with light positions, target 72000-72500.
73000-73500, rebound and go short, target 72000-71500.
BTC-1,4%
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