Coin Circle Sister Hong 3.23 (Writing time 0.02) Latest Bitcoin (BTC) Market Analysis and Operation Suggestions Today: #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡



Bitcoin is currently trading around 68800. The day before yesterday's morning session formed a breakdown retest, and during the day it explored downward near 68100 forming a stop-loss phenomenon. In the 1H chart there is a second test reversal pattern. Currently attacking the BOLL midline and EMA20 crossover resistance level. The BOLL three-line shows a downward convergence trend. MACD green columns are in a process of weak volume increase. DIF and DEA secondary convergence is expected to form a golden cross. KDJ three lines are converging and crossing upward approaching 65. RSI three lines are converging upward approaching 50, indicating short-term rebound demand, but resistance above is relatively strong. Sister Hong suggests focusing on the BOLL midline and MA20 crossover position in the 1H chart with EMA30 for overbought conditions after short-line rebounds to arrange high short positions. Daily BOLL midline can serve as short defense. Below, continue monitoring support at 68000 level for three tests to determine low long entries. If the three tests directly break 68000, low longs need to adjust to around the 3rd low point of this month to confirm support before entering long positions.

Today's selling points: ≥69300 light short, stop loss above 70300. Take profit 68700-68100. Breaking 68000 can continue to around 67100.

Today's buying points: ≤67100 light long, stop loss below 66000. Take profit 68000-69300. Breaking 69800-70300 can continue to look higher.

Article review and push have delays. The above point suggestions are for reference only. Please control the timing of buying and selling yourself. When entering, please do a good job of risk control and do not use heavy positions! Thank you for reading!
BTC-3,02%
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