March 31 Morning Analysis

The Bitcoin 1-hour timeframe has established a bearish pattern. After dropping from the high and breaking below the middle band of the Bollinger Bands, the rebound has repeatedly faced resistance, and the lower band support is becoming increasingly fragile. The current trend is relatively weak, with no significant bullish counterattack. Once the key support at 66,238 is broken, further downside space will open up. The short-term trend continues to be weak, so it is advisable to maintain a high-short strategy.

Trading suggestions: 67,000-67,500 short, target 65,000-65,500.