March 15th, Saturday Morning Insights on Bitcoin: The tug-of-war between bulls and bears continues, and our subsequent strategy remains to short!

Last night, the Bitcoin price once again rose to a high level. Yesterday, Bitcoin faced resistance and fell back around the 85300 line, with the price dipping to around 83700 before rebounding again. Currently, the price is fluctuating around 84250. In my personal view, after a round of one-sided upward movement, the market is about to stage a pullback, so we will continue to maintain a bearish outlook!

From a four-hour structure perspective, the moving averages are starting to flatten. If they begin to turn downward, the space for a decline will open up. The one-hour chart is currently showing a downward fluctuation. For the day, continue to short on rebounds, and continue to short at highs; rebounds can still be shorted. The market does not operate on the principle that if it has risen a lot, it must fall, or if it has fallen a lot, it must rise. Only by identifying the turning points can one grasp the market trend; at high levels, the upward momentum is stalling, the bulls are already weakening, and the bears are ready to strike at any moment!

Saturday Morning Bitcoin Recommendations:

Short at rebounds between 84650-85150, with a target looking down at the 83000-82500 range! #加密市场反弹 #密歇根大学消费者信心指数 #美国数字资产储备 #交易机器人 #乌俄停火 $BTC $ETH $XRP