3-13 Morning Market Analysis
The morning sharp rally is difficult to sustain. Bitcoin rushed higher and touched the key resistance at 71900 before rapidly declining, with limited rebound space and strong suppression from previous highs. This rebound is only a short-term technical correction, not a trend reversal. The high-level volatile oscillation pattern remains unchanged, with high-level short bias still being the core strategy!
From a chart structure perspective, after the price surge higher and rapid decline, it indicates that long momentum is insufficient, selling pressure above is heavy
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