百币精
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March 26 Market Analysis
Currently, Bitcoin is at a key turning point on the daily chart, continuing to oscillate within a narrow range in a triangular area, and is about to choose a breakout direction. The price is under dual pressure from the trend line and neckline above, leading to great concern among many retail investors about whether the future price will rise or fall. (See the lower chart for the trend line)
In this situation, I advise investors not to hastily enter the spot market. It might be wise to patiently wait for the market direction to become clear before taking action. Specifically, ideal entry points occur when the price breaks upward and retests, or when it pulls back to strong support levels. The core goal of trading is to profit, and every bit of capital is hard-earned, so it is essential to pursue market conditions with certainty and avoid blind impulsiveness.
(More investment advice in the live stream at 10 PM)
From BTC's intraday short-term perspective, the upper pressure range is 88,500 - 89,000, and the lower support range is 86,200 - 85,000. Stop-loss out of the break point.
Currently, Bitcoin is at a key turning point on the daily chart, continuing to oscillate within a narrow range in a triangular area, and is about to choose a breakout direction. The price is under dual pressure from the trend line and neckline above, leading to great concern among many retail investors about whether the future price will rise or fall. (See the lower chart for the trend line)
In this situation, I advise investors not to hastily enter the spot market. It might be wise to patiently wait for the market direction to become clear before taking action. Specifically, ideal entry points occur when the price breaks upward and retests, or when it pulls back to strong support levels. The core goal of trading is to profit, and every bit of capital is hard-earned, so it is essential to pursue market conditions with certainty and avoid blind impulsiveness.
(More investment advice in the live stream at 10 PM)
From BTC's intraday short-term perspective, the upper pressure range is 88,500 - 89,000, and the lower support range is 86,200 - 85,000. Stop-loss out of the break point.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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