3.24 Morning Market Analysis

Last night, disturbed by breaking news, Bitcoin surged violently by nearly 3000 points. Subsequently, the news released by the expert proved to be false, and Bitcoin pulled back after reaching 71800. Lao Guo's pre-positioned short positions were successfully realized with stable profits. Friends who kept up with the pace have earned substantial gains, and all relevant reminders have been synchronized accordingly.

From a structural perspective, this rally is driven by news sentiment as an anomalous movement, and the overall trend still maintains a bearish judgment. The positive news came suddenly, and after the market sentiment was concentrated and released, there is insufficient continuation. In the short term, it will likely enter a consolidation phase. Operations need to maintain caution.

On strategy, stick to high-level shorts as the main approach. Focus on monitoring key resistance levels above and their performance. Avoid blindly chasing rallies. Patiently wait for high-level entry opportunities. Strictly control position size and risk. Respond steadily to volatility.

Operation Suggestions

71000-71500 range: Build short positions in batches. Targets: 69000-69500 area. Break below: 68000