On March 10, Monday, the early technical analysis of Bitcoin is as follows:

In the daily level analysis, the price has encountered pressure near the middle track, showing a pattern of oscillation and consolidation. The downward channel is tending to converge, and the bearish momentum continues to align. Although there is a phantom pillar phenomenon, there are no signs of volume contraction. Although the moving averages are in an upward posture, they have not been able to maintain it continuously, so there is no significant downward signal in the trend, and currently, there is also a lack of upward momentum.

In the four-hour level analysis, the form shows a pullback trend after an upward attack, with insufficient bullish momentum, making it difficult to form an effective breakout in the upward channel. The moving average trend is tending to flatten out and has slightly turned, indicating that the market rhythm is inclined towards a weak consolidation in the short term. Therefore, in terms of operational strategy, it is recommended to take a short position at high levels.

Operational suggestions:

Bitcoin: Establish a short position near 82800-81000, target -80000. If the price breaks through this range, further observe the downward space.

Ethereum: Short near 2000-2050, target near 1980.