Evening Market Analysis from March 10

Currently, the price surged to the 71,300 area and then faced resistance and pulled back. The bullish momentum is clearly lacking, and the strong structure is no longer intact.

The four-hour rally is weak, and the deep V-shaped rebound expectation has been disappointed. Resistance around 74,000 is heavy, making it difficult to break through.

In the afternoon, no more long positions are being added; all positions have been adjusted to a high-short strategy, waiting for the market to pull back.

Key support levels have been broken, and the rebound momentum has weakened, breaking the bullish rhythm. All long positions were exited in the morning, and no core holdings are maintained. Any rebound is now an opportunity to short.

The probability of breaking previous highs in this round is very low, increasing the risk for bulls. Adjust your strategy promptly: focus on short positions during rebounds, and strictly avoid chasing longs against the trend.

Trading Recommendations
Short around 71,000-71,500, with targets near 66,000-67,000#Gate2月透明度报告 #加密市场上涨 #特朗普称伊朗战事接近尾声