BTC 70600 Don't catch falling knives recklessly! The major cycle bearish trend remains unchanged, current is only a weak rebound Shorting window: 70900-71200, stop loss 71500, target 70300-69000 Going long for rebound only: 70100-70300, stop loss 69800, target 70800 Keep your hands steady, don't catch falling knives! #加密行情震荡 $BTC
3.20 Friday Afternoon BTC Analysis - Weak Rebound, Favoring Short Positions The short term maintains a consolidation pattern, with near-term resistance at 71,000. On the 4-hour chart, following the decline, there has been a minor rebound in the short term, but it failed to continue the trend. The price is currently moving within a range formation. On the hourly chart, after BTC probed support at 68,700, bulls and bears have been oscillating and moving upward, currently facing pressure at the upper band. Combining the 4-hour and hourly charts, the rebound momentum is weak and has not met revers
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