Mr. Coin in the Crypto Circle: 3.28 Bitcoin (BTC) Market Analysis Reference

Bitcoin has entered a corrective trend at the daily level, with the intraday low already nearing the 65500 level. Looking at the hourly chart, the price continues to run below the lower Bollinger Band and has broken down. Although there was a rebound in the early morning, the upper resistance was not broken, and the trend still appears weak. Additionally, the Bollinger Band is opening downward, and with time, the upper resistance is still moving down. If the market cannot break and stabilize above the 68000 level in the short term, there is a possibility of a price retracement for support. I hope all crypto friends prepare in advance. Our short-term strategy remains cautiously focused on rebound shorts, entering lightly on breaks. The upper resistance is around 68500, and the lower support is around 65000.

3.28 Bitcoin Short-term Reference:

In the 68300-69300 range, defensive at 72500, stop loss 500 points, target below 67000.

In the 64300-65300 range, target above 66300, stop loss 500.

There may be delays in sending messages, the strategy advice is for reference only. The market changes rapidly; no matter how confident you are in market judgment, always manage your take-profit and stop-loss properly to secure profits.

For more real-time trading strategies, online technical learning, strategies for exiting positions, etc., you can follow the mentor's public account (Mr. Coin Talks Crypto) to get the adding method: the first ten daily can receive free position exit strategies.

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