Red Huo Jie in the crypto circle 3.28 (draft time 5:54) today's Bitcoin (BTC) market analysis and trading suggestions: #加密市场回调 #比特币震荡走弱 #美联储加息预期再起

Bitcoin current price around 66,000, yesterday’s big candle broke through the previous support low point and then retraced more than 2,000 points, directly reaching near 65,500 to form a brief stabilization. Currently, on the 1H chart, the candlesticks show a slight rebound followed by consolidation, located at the first resistance point where EMA5 and EMA10 cross in the short term. The second resistance is at the BOLL middle band and EMA30 zone; the three Bollinger Bands are narrowing downward; the MACD red bars are shrinking significantly, but the momentum is weak. DIF and DEA are showing their first convergence in this bearish trend, about to form a golden cross. The three lines of KDJ are oversold and turning upward, approaching 50. RSI’s three lines have not yet exited the oversold zone, but overall, they remain upward, indicating a short-term rebound demand. Yesterday’s candlestick broke through the 6H lower band and has now reached the daily lower band position. Red Huo Jie believes that in the short term, if it cannot stabilize above the 1H middle band, the market may further retrace. If the evening lows are broken again, the candlestick could further decline toward the 2D lower band. Currently, there are no clear bottom divergence signals or strong pinning in the short term, so it is advisable to be cautious about bottom fishing.

Today’s selling point suggestions: short at ≥67,000 with a stop loss above 68,000; take profit at 66,200-65,600, and if it breaks below 65,000, it can continue to hold near 64,000.

Today’s buying point suggestions: long below ≤64,000 with a stop loss below 63,200; take profit at 65,000-66,000-67,000. If it breaks through 67,500, it can continue to hold!

Article review and push notifications are delayed. The above point levels are for reference only. Please grasp the trading timing yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!