3.22 Morning Strategy
Trend Review
From early morning to the opening session, BTC exhibited a "weak consolidation → accelerated breakout" pattern. A sudden sharp decline occurred at 8 AM, forming a near 3,000-point long lower wick, with bears exerting active force at key moments with firm conviction. The price has currently bounced back to around 69,800, but the momentum is weak and has failed to reclaim the key resistance zone.
Technical Structure
The morning decline pierced through the lower edge of the previous consolidation platform, confirming an effective breakout. After MA7 and MA30 dea
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