$BTC

3.28 Big Pie Analysis

Just now, the big pie broke downward through 85,000, and the current focus of bulls and bears is around this position.

Overall, it is still testing the support around 85,000. If it can hold in the short term, we will see an upward rebound, but the space above has been compressed. Now we can only look at the area around 87,200 in the short term. If it rebounds, don't hold on for too long.

If 85,000 is effectively broken, it will indicate a daily level bearish breakdown. Subsequently, we can enter a short position, but the current market is not expected to have a deep pullback. The lower range can only see a few thousand points around 81,000-82,000.

At the end of the month, the cryptocurrency market generally tends to decline. Right now, the short-term focus is on 85,000. For those who are uncertain, it is recommended to wait and see if 85,000 can hold.

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