3.23 Bitcoin Operational Analysis

Success on the road is not crowded, because few people can persist to the end. When you want to give up, tell yourself to hold on a little longer, because it's often this little bit of persistence that brings you one step closer to your dreams.

Currently, the daily chart shows a dark cloud cover formation with consecutive down candles. MACD has formed a death cross pointing downward, RSI has entered a weak zone, and bears are dominating the trend. The 30-day moving average has shifted from support to resistance. Price is trading below the moving average with rebounds lacking volume support. The 4-hour chart shows a clear bearish arrangement with EMA7/EMA30 forming a resistance band. Price continues trading below the midline, MACD green histogram maintains volume expansion, and rebounds repeatedly touch the midline only to fall back. Bulls lack power for counterattack. Hourly chart: the oscillation structure is shifting downward, each rebound is lower than the previous high, resistance layers are gradually advancing—typical weak downtrend characteristics.

Operational Suggestions
Bitcoin 68500-69000 short, add on 1000-point rebound, stop loss at 70500, target 66500-67000. #Gate13周年全球庆典