3.20 Afternoon Big Pancake Analysis: Rebound, Not Reversal! BTC, ETH Batch Short Strategy
Big Pancake oscillating repeatedly around 70500, with the key for bulls and bears being whether the 70000 support level can hold.
This rebound is only a technical correction during the downtrend, not a trend reversal.
Against the backdrop of cooling rate cut expectations, tightening macro liquidity, and cautious fund sentiment, short-side remains dominant in the short term, with higher probability of pullback after rebound resistance.
Batch short in the 70100–71500 range, targeting around 68000–68500
Seco
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