March 18th Bitcoin Afternoon Viewpoint:

The current rise of Bitcoin is slow, while the pullbacks are rapid. It is also a deep pullback, with a pattern of slow rises and deep pullbacks, taking one step and looking back. This phase is the easiest to trigger stop-losses, with high volatility. Look for strength, don't adjust for weakness. Circuitous and repetitive. Sideways movement is not high; increased volume can easily lead to a top. After a volume increase at the tail end, try not to chase the highs.

From a four-hour structure perspective, the market showcases a stair-step downward rhythm after a high surge, but do not excessively chase short positions. After all, the recent market trend has been a back-and-forth movement, and without any news stimulus, there is basically no chance for a sustained one-sided move. Therefore, treating the overall trend with high sell and low buy is the most prudent approach!

Tuesday Bitcoin Afternoon Suggestion:

For long positions, consider buying around the 82000-81500 range, targeting the 83500-84000 area!

For short positions, consider selling around the 83500-84000 range, targeting the 82500-82000 area!