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3.28 Saturday Market Analysis and Long-term Positioning
Yesterday, Bitcoin was affected by a series of news, falling sharply by 3,000 points. The bearish sentiment has been fully released, with strong support at 68,200. If no major negative news emerges, the downward trend may not continue!
The consecutive declines present both risk and opportunity. It’s a good time for bulls to buy the dip. Missed it, and you'll regret it!
Long-term position for Bitcoin: 65,200, with phased buys around 64,800. The target range is 710-740, with an ultimate goal of 760.