March 28 Market Analysis
I have been live streaming for 4 consecutive days, advising everyone to focus on short positions with multiple units. BTC has been oscillating in the range of 86000-88500 for 5 days. In these past two days, the triangle zone between 87700-86000 is getting smaller, with lower highs. From the daily chart perspective, a trend change is imminent, with a key focus on the break of the 85000 level. Once this level breaks, we could see a drop to 80000-82000, while the upper focus is on the 88500 level. In recent days, high-level capital has been fleeing, and last night it dropped to around 85700 before stabilizing, with buying interest appearing below. Today's rebound momentum is not strong, and the operational suggestion is to focus on short positions.
News: Today is the option expiry with a capital volume of 12.2 billion USD, and the price is at 85000. Tonight at 20:30, PCE data will be released.
Risk Warning: There will be a pinning market tonight; please be cautious.
BTC: Upper resistance level: 88500-87700, Lower support level: 85800-85000#美国加征关税 #巨鲸动向 #BSC链热浪来袭