March 13 Afternoon Market Analysis

According to the morning technical analysis, Bitcoin has reached the key support level of 82000 as expected. The current price trend shows a clear step-down structure, consistent with our previous assessment of the descending channel pattern.

From a technical indicator perspective:

The 4-hour chart shows that the EMA moving averages are in a bearish arrangement.

First support level: 81500 (previous low)

Second support level: 81000 USD (psychological level)

Strong support level: 80000 USD (round number)

Operational suggestions:

Maintain a bearish strategy, it is recommended to enter in batches in the range of 82500-83000, with a stop loss near 83500, and target towards 81000.