3.31 Tuesday Morning Bitcoin Latest Strategy

Yesterday's overall trend saw a rise followed by a pullback. During the daytime, it surged, then retreated in the US session. It rose from a low of 657 in the morning to a high of 681 before facing resistance. The lowest point in the early hours was 662. Bulls and bears are evenly matched, and in the short term, it is moving within a range.

On the four-hour chart, after a series of adjustments, the overall trend remains somewhat weak. However, this pattern has not continued. The short-term Bollinger Bands are flat and moving forward. Looking at the indicator below, the MACD has a bullish crossover upward, while the KDJ's three lines are collectively bearish and diverging downward. There is a clear divergence between the two. Currently, Bitcoin is in a low region, with no signs of extending downward for now. Expect a rebound during the day; buy on dips, and after a rise and encountering resistance, consider shorting.

In the early morning, Bitcoin is referenced around 665, with phased entries near 660. The target is to reach 680-690. Once the target is hit and the upward momentum does not continue, consider shorting again.