March 15th Friday Evening Bitcoin Strategy Analysis
Today continued the small cycle oscillation pattern, with an overall weak trend. From a technical perspective, Bitcoin is still in a downward channel, lacking obvious rebound momentum in the short term. The evening market is expected to continue running along the lower trend, and a high short strategy is recommended.
Operational Suggestions:
1. Entry suggestion to position short orders in the 84000-84500 range.
2. Defense can be set above 83000.
3. Target points: Based on the technical shape of the downward channel, the initial target can be aimed at around 80000 US dollars, and if this support level is broken, further down to 78000.
Risk Warning:
If it breaks above 83000 and stabilizes, it may indicate the end of the short-term downward trend, requiring timely stop-loss and reassessment of market direction.
In the evening, closely monitor changes in sentiment and news, and beware of sudden market fluctuations.