3.19 Daily 4-Night Bitcoin Analysis

After consecutive rallies, bullish momentum has clearly shown signs of weakening. Currently oscillating around 71400, with both bulls and bears entering a wait-and-see phase, patiently awaiting directional selection.

Key Levels and Analysis

• Lower Support: 70300
This level is a recent strong support; a retest and stabilization can lead to batch long positions at low prices; if it breaks effectively, the short-term trend weakens, with potential downside space to follow.

• Upper Resistance: 73000
If resistance is obvious upon a rebound to this level, can batch short positions at high prices; a breakout and solid hold above would restart the uptrend, with potential for continued rebounds to follow.

Operation Summary

Current focus on range-bound oscillation, avoid chasing blindly
Around 70300—72000, sell high and buy low; follow the trend after key levels break.
Strictly control position size, set stop-losses properly, maintain prudent risk management.

Public analysis is for reference only; actual real-time guidance during the session takes precedence.

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