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3.23 BTC Evening Update
From the 1-hour K-line perspective, the price first experienced a deep pullback, touching a low of 67307, then rallied with a high reaching 71487. Currently consolidating around 70600!
71500 resistance is evident. If it fails to break through effectively, there's a high probability of retracing to confirm support. Medium-term focus should be on the validity of 68500 support. If broken, it could restart a downtrend. Operationally, prioritize shorting on rallies!
Operation Suggestions
After consolidating around 70900-71400 on rebounds, attempt to close positions and enter shorts, targeting 69000 → 68500. If it breaks below, continue targeting 67000. If it strongly breaks above the 71500 resistance level, the strategy becomes invalid! $BTC $ETH