Bitcoin March 27 Market Analysis (Can You Seize the Wealth from the Bearish Waterfall) 35000-40000-48000#比特币

Figure 1: The current market is at the 18-hour level. After a prolonged struggle between the bulls and bears, the rebound at the 18-hour level ultimately failed. This means that once the 18-hour level fails, the focus shifts to the 36-hour level. Therefore, the next key is whether the rebound at the 36-hour level can continue to decline.

Figure 2: The current market is at the 8-hour level. The price has been consolidating in Zone 1 for several days. Ultimately, it failed to effectively break through the support zone at 725,000. The market then experienced 2-4 hour bullish adjustments in Zone 1, but yesterday’s 4-hour timeframe did not produce a valid rebound. This indicates that the 8-hour level has begun a downward correction. At this point, multiple top and bottom structures have appeared at higher levels. The 8-hour trend has indeed moved into a strong bearish decline without hesitation.

Figure 3: The current market shows a very clear large-scale pattern. The structure at the bottom of the short positions is complete, with sufficient tops and bottoms. However, the market has not yet formed an effective reversal. Currently, it is mainly supported at the lower boundary of the larger timeframe. If the price effectively breaks below 63,800, it will confirm the bearish trend target for Bitcoin, which is 48,000-40,000-35,000, completing the third wave of a large-scale decline. The key now is to wait for a consolidation and correction at point 1. For those holding short positions, you can continue to hold as the current trend is downward on the 30-minute level, and a break-even point can be considered while observing. For brothers without positions, wait for the market to finish consolidating, then short directly if it breaks below 63,800. As for whether the market will rebound or rise further, based on the current market situation, even if there is a rebound, it will be a bounce within a larger downward trend supported by higher-level support and smaller-level rebounds, with no bullish trend. Bearish is the main trend; rebounds are just corrections. The distinction between trend and correction must be clear. Even if a bullish move starts, it will only do so after the bearish trend has fully played out. So don’t lose the big for the small—don’t sacrifice the overall for minor gains.