March 24 Morning Bitcoin Strategy Analysis



Last night there was a rebound due to easing Middle East tensions. After a short-term spike, the price entered an overbought zone with weakening bullish momentum and declining volume.

Hourly moving averages show bearish alignment with resistance on the rebound.

Support zone: 70000-69000 range

Operation Suggestions:
Entry: 71500–72000 range with light short position
Stop Loss: 72500 (exit immediately on breakdown)
Target 1: 70000 (reduce position/partial take profit)
Target 2: 69000 (remaining position take profit)

Notes:
Position Size: Single position ≤ 5%, never over-leverage
Stop Loss: Always place stop loss at entry, strictly no holding losses
Timeframe: Intraday focus, do not hold overnight
Signals: Breaking below 70000 confirms short continuation; holding above 72500 invalidates the short setup

$BTC #Gate13周年全球庆典
BTC3,96%
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