3.8 Sunday Bitcoin Morning Market Analysis

Last night's market sharply declined from above 68,000, touching a low of around 66,880, with a daily drop of over 1,000 points.
The current price has slightly rebounded to the 67,300 range, entering a correction phase after the sharp decline.
From a technical perspective, the middle band of the Bollinger Bands at 67,540 acts as a short-term resistance level. The price is trading below it, indicating a weak trend; the lower band at 67,023 provides recent support, while the upper band at 68,057 is a key resistance for the rebound.
Overall trend: yesterday's large bearish candle broke the short-term upward structure. The price failed to recover the key resistance, maintaining a weak and oscillating pattern.
Trading Suggestions:
The core strategy is mainly to go short. If a stabilization signal appears during the rebound to the 68,100–68,600 range, consider entering short positions with a small position size.
The first target is around the 67,000 level. If broken, the next support levels are 66,600 to 66,000. #加密市场小幅下跌 $BTC