📊 2026-03-05 Technical Analysis of Bitcoin (Until 17:45 )

Current Price: approximately $72,800 (High Volatility )
First, Trend Judgment
- Short-term (1H/4H ): The uptrend dominates, yesterday's rebound from $67,400 by over 10%, breaking short-term moving averages and key resistance
- Medium-term (Daily ): Rebound and correction, above MA7/14/30, but MA90/180 still in a downtrend, trend unchanged
- Long-term: Still in a down channel, strong consolidation zone between $75,000–$78,000
Second, Key Levels (Essential )
- Resistance (From Top to Bottom )
- $73,500–$74,000: Highest price of the day + 38.2% Fibonacci correction
- $74,500–$75,000: Strong pressure and dense consolidation zone
- $78,800: 50% Fibonacci correction
- Support (From Bottom to Top )
- $72,000–$72,300: Lowest correction of the day + psychological level
- $71,500: Near EMA50
- $70,500: Strong support on daily chart + high point since yesterday
- $69,500: Sharp support
Third, Indicator Signals
- RSI (14): 56.2 (Neutral leaning bullish, not overbought )
- MACD: On daily chart, golden cross below zero line, bullish momentum strengthening; on 4-hour chart, slight divergence at the top, caution for possible decline
- Trading Volume: Significant increase yesterday, today’s volatility with lower volume, selling pressure evident from the top
- Fear & Greed Index: Neutral, sentiment recovering but trend unchanged
Fourth, Today's Strategy (For Reference Only, Not Investment Advice )
- Bullish Conditions
- Holding above $72,000, stable, light buying attempt
- Target: $73,500 → $74,500
- Stop Loss: below $71,500
- Bearish Conditions
- Break below $72,000 without quick recovery, high volatility
- Target: $71,500 → $70,500
- Stop Loss: above $73,500
- Wait
- When price fluctuates between $72,000–$73,500, wait for breakout
Fifth, Risk Warnings
- Significant discrepancies between futures contracts for buy and sell, over $500 million liquidated in 24 hours, very high risk of volatility
- Low probability of breakout at $74,500, beware of false breakouts followed by rapid decline