3.27 Morning Analysis



In the early morning, influenced by the news that Trump delayed strikes on Iran's energy facilities, market sentiment quickly recovered. Bitcoin violently rebounded from the low of 68,115, briefly touching above 69,400. Currently, the price is fluctuating around 68,900.

The rebound does not change the overall bearish trend; the rebound is just a short-term correction driven by news. The large-scale downward trend remains intact. The 69,500-70,000 zone is a strong resistance area, making it difficult to break through effectively.

Trading suggestions:
Bitcoin: After the rebound to the 69,300-69,800 range, gradually build short positions with targets below 68,500-68,000✓. If broken, hold for 67,500✓.

Altcoin: After the rebound to the 2,070-2,090 range, gradually build short positions with targets below 2,050-2,035✓. If broken, hold for below 2,020✓.
BTC-3,7%
ETH-2,71%
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