March 30 Evening Analysis



The 1-hour chart touched the upper Bollinger Band and then pulled back, with significantly insufficient volume and overbought divergence in indicators. The rebound momentum has been exhausted, and the strong resistance at 68,150 remains unbroken.

Tonight at 10:30 PM, Powell will speak. If he signals a hawkish stance and suppresses expectations of rate cuts, the dollar will strengthen, directly pressuring Bitcoin;

The Bhutan giant whale has been continuously transferring BTC to exchanges these past two days, trying to suppress the 70,000 level; BTC/ETH ETFs are also experiencing net outflows, with institutions watching on. How long can this rebound, with no one willing to buy in, last?

Trading suggestion: Range around 68,000-68,500, reserve space for adjustments within the range, targeting 66,000-66,500. $BTC $GT $SOL
BTC1,16%
GT0,46%
SOL2,65%
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