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March 10 Evening BTC
1. Market Status
Recently fluctuating around the 70,000 level, with clear disagreement between bulls and bears.
There is short-term support around 70,260, and the 70,000 psychological level is key.
Resistance near 71,680 is strong, with multiple attempts failing to break through effectively.
Overall, the market is mainly oscillating and repairing, with the trend not yet fully clear. No rush to chase in one direction.
2. Long Position Strategy (Left Side + Right Side Confirmation)
Left Side Low Buy: Lightly buy on pullback around 70,260 (initial position)
Right Side Confirmation: Confirm steady above 71,680 on the hourly chart before adding
Target: 72,500 → 73,100
Risk Control: Set stop-loss on each order, avoid heavy positions, and do not chase highs
3. Short Position Strategy (Right Side, No Rush to Short)
Right Side Short: Effectively break below 70,000 and fail to recover on a rebound, then lightly short
Left Side Confirmation: Consider if the 4-hour chart breaks below 70,160
Target: 69,400 → 68,500
Risk Control: Only trade confirmed breakouts, avoid guessing tops prematurely
In a choppy market, both bulls and bears have opportunities, but neither should be aggressive.
Strictly use stop-loss, trade lightly to test, exit if wrong, hold if right.
Focus mainly on right side confirmation, only lightly trade on the left side. $BTC