【March 27】Market Analysis and Strategy for Bitcoin/Altcoins

Bitcoin:
The intraday session closed with a bearish candle again, breaking the previous consolidation pattern, and all gains have been wiped out. Currently, it’s hovering around 68,100 at the low end but has not broken below 68,000. If the 68,000 level cannot hold, the consolidation pattern will be completely broken, and further downside exploration is expected. Short-term market reversal can happen quickly, so risk management is crucial—don’t get caught up in the hype.

Altcoins:
Current price is 2,040. The recent trend has been unfolding exactly as we predicted step by step.
From the high of 2,385, it retraced, then entered a converging triangle pattern, followed by a decline to around 2,180, and now the price has dropped to about 2,040—each target from 2,120 to 2,100 to 2,040 has been hit precisely.

Many traders are chasing gains and cutting losses in the volatility, but they fundamentally don’t understand the structure. This market trend has been pointing south from the start; most people are misled by short-term fluctuations and miss out on guaranteed profits.

Bitcoin Trading Strategy:
Long: Around 68,400 Protect: 67,500 Target: Around 71,500
Short: Around 70,800 Protect: 71,300 Target: Around 69,500

Altcoin Trading Strategy:
Long: Around 2,055 Protect: 2,010 Target: Around 2,110
Short: Around 2,080 Protect: 2,120 Target: Around 2,010