3.22 early morning Bitcoin analysis
$BTC This morning, Bitcoin jumped down directly from the high of 71077, with a large bearish candle piercing through key support, touching a low of 68189, before barely pulling back a bit—a typical "sharp plunge with selling pressure + weak rebound recovery" pattern.
During the decline, trading volume expanded significantly, indicating that selling pressure has already concentrated and been released. After short-term oversold conditions, there will likely be a technical rebound, but the overall bearish trend has not yet been reversed.
- Upper resistance: Th