Morning Analysis on 3.28

The Bitcoin range has been hovering around the 880 line to the 860 area. Last night’s analysis remained in operation, consistently aligning with recent expectations. In the absence of significant news affecting the market, previous analyses still hold. However, it is essential to cautiously observe the market and set appropriate stop losses.

From a technical analysis perspective, the overall trend shows a contracting pattern, indicating limited fluctuation space in the morning. The KDJ indicator shows a downward trend on the hourly chart and an upward trend on the four-hour chart, suggesting a tendency for the market to dip in the short term, but overall, the trend remains upward. Both bulls and bears have not changed significantly at the moment, requiring strategy adjustments based on current fluctuations. Given this situation, morning operations should primarily focus on buying on dips.

Buy on dips around 858 to 863.

Target looks at the area around 874 to 880. Buy on dips around 1940 to 1970, targeting the area around 2030 to 2060.