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3.11 Evening BTC Analysis
The 4-hour chart shows price oscillating above the middle band, with the upper band at 71,500 acting as strong resistance and the lower band at 68,500 providing strong support. The price is consolidating with no clear trend. The 4-hour KDJ is in a high-level dead cross downward, indicating short-term weakness and a need for a pullback. The 1-hour KDJ shows signs of bottoming out with a potential reversal, the downward momentum is slowing, and the price is oscillating within a range—shorting at high levels and going long at lows. Do not chase orders.
Trading suggestion: Around 69,800-70,300, target 68,800 and 68,000.
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#原油价格回落 #原油价格回落 #Circle股价上涨5%