In the cryptocurrency circle, Li Ying: Did you miss Bitcoin at 62510 on March 12? Don't miss the layout window at 69000 again! Latest market analysis and trading advice
The current price of Bitcoin is 70209. The 2-hour moving average and Bollinger Bands: the bullish trend is solid, with the price firmly above the middle band and multiple moving averages. The middle band is rising synchronously, forming strong support, and the correction space is significantly compressed. As long as the key support levels of 69000 and 69500 hold, the rebound trend will not reverse. The trading volume shows a healthy increase with continuous capital inflow and no obvious signs of mass exit.

Looking at the MACD, after a golden cross, it continues to rise. The daily level has completed a W bottom pattern, and after testing support on the 2-hour chart, it has risen again. The bottom reversal signal is fully confirmed, building momentum for a breakout above the previous high of 74050. The current market fluctuations are fundamentally the main force clearing out floating positions, gathering strength for a breakout above the previous high of 74050. Therefore, Li Ying believes that as long as the support at 69000 and 69500 holds, any retracement will be an excellent opportunity to enter!
Short-term trading strategy (taught by Li Ying, accurately targeting the market)
Long strategy: Enter in batches when retracing to the range of 69000 to 69500, with a stop loss at 68500. If the key support is broken, exit decisively, targeting first at 71500 to 72000, and continue to look at 74050 if broken.
Short strategy: Only attempt a light short when there is significant volume stagnation at 71500 to 72000 and indicator bearish divergence. Set a stop loss at 72500, targeting 69500 to 69000.
Li Ying's message
The market changes rapidly; trading in line with the trend is the key to survival in the cryptocurrency circle! This strong counterattack of Bitcoin is a gift for patient holders and a warning to those who go against the trend. Remember: small stop losses anticipate large profits, always prioritize risk control.
Follow Li Ying in the cryptocurrency circle to accurately capture every wave of market trends, avoid detours, and profit steadily!

Risk warning: The above analysis is based on real-time market conditions and data for reference only, and does not constitute investment advice; trading risks are borne by the trader.
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