3.31 Morning Market Analysis

From the 5-minute chart perspective, after spiking yesterday evening, Bitcoin continued to decline in the early morning. The previous bullish then bearish pattern has been realized, and a clear short-term strong resistance zone has formed above 68,000.

At the same time, the candlestick bodies are gradually narrowing, with frequent upper shadows. Every rally is met with rejection, further confirming that the bulls are repeatedly blocked at key levels. The larger trend remains unchanged; the rebound is an opportunity to short! The area around 68,000 is a short-term strong resistance. If the rebound is weak, consider shorting near 66,000, and also short near 2,000 in the altcoin market. The main strategy remains to go short at high levels, with low-level shorts as a supplement!

Trading Suggestions

Bitcoin: Short around 67,800-68,300, watch for a break below 66,000✓, if broken, then target 65,500

Altcoins: Short around 2,080-2,100, first watch for a break below 2,000✓, if broken, then target 1,900$BTC $ETH #市场重新计价加息预期 #美伊战事或升级为地面战