$BTC

Evening Analysis of Da Bing on 3.30

This weekend has been consistently declining, breaking below the previous short-term upward trend. Now, the short-term rebound is around 83448 and is facing pressure again.

The expected area of 80k1-80k2 mentioned in the last post has also been validated. Now the long position strategy mainly involves waiting for this rebound to retest without breaking the previous low of 81640 before considering entry. It is not suitable to enter long positions now; the market still needs to wait.

The primary low long position will naturally be around 81500. If it breaks below, there is monthly level support at 78000 waiting below.

The primary low long position will naturally be around 81500. If it breaks below, there is monthly level support at 78000 waiting below.

For short positions, short-term attention should be on the upper range of 83600-845000. If the four-hour bearish trend continues, these two positions are currently the ideal entry points for short positions.

The current market has already broken below the previous upward trend, but the weekly level has not yet been broken. The next step is to wait for a choice between continuing the bearish trend or rebounding again.

Friends who are more aggressive in the short term can consider entering at the points mentioned above. It is now more advisable for everyone to observe more and operate less.

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