3.9 Afternoon Analysis and Trading Suggestions

Rising to meet resistance, the bullish outlook remains unchanged. From the 15-minute K-line chart, Bitcoin experienced a strong rebound after an early dip, with a high near 68030. Currently, the price is around 67582 and consolidating, having touched the upper Bollinger Band resistance level.

The Bollinger Bands are opening upward, but the price has already touched the upper band at 68117.3, indicating a clear need for a short-term pullback after the recent surge.
The mid-band at 67017.5 is a key short-term support. If the price falls below this level, further downside space will open.

The volume during the early rally did not continue to expand, and the long upper shadow at the high indicates that bullish momentum is beginning to weaken.
Trading strategy: The short-term rebound is approaching resistance levels, so following the trend for shorting remains the core approach.

Trading Suggestions

Bitcoin: Enter in batches within the 68200–68700 range for short positions,
Target first at the 67000 round number, and if broken, look toward around 65500.
Altcoin: Enter in the 2065-2080 range for short positions, with the first target at 1970. If broken, look toward 1955, managing risk according to your position size.

Market volatility is rapid; do not chase blindly. Be patient and wait for the rebound to stabilize before deploying positions. #比特币重回跌势 #哈梅内伊之子当选伊朗领袖