#BSC链热浪来袭 3.31 Monday Morning Market Overview: Bitcoin forms a Doji candlestick, long and short positions continue to vie, with intraday focus on a downward trend.

BTC dipped to 81.5K at 6 AM, stopped and recovered, then tested 81.2K again at 8 AM; currently, the bearish momentum is very strong, and it seems that it will continue to pull back, aiming to fill the earlier dip, with further declines expected.

The 4H chart shows Bitcoin forming a Shark pattern, with the first PRZ at 81984 having been breached, and the second PRZ just tested this morning; there might be another dip. The third PRZ is at 80120; according to the harmonic pattern, the D point reversal suggests a long position with T1 target at 82919, T2 at 83794, and stop loss at 79035, yielding a risk-reward ratio of 2.7. Once the strategy is confirmed, one can wait for a left-side long position.

Following the Shark pattern trend, Bitcoin is expected to drop further, with strong resistance for short positions at 83.5K or 85K; similarly, support levels for light long positions are at 81.2K and 80.2K. Always set a stop loss when opening positions; though the market frequently triggers stop losses now, not setting one could lead to immediate liquidation. Preserve your capital to avoid missing opportunities!

The 1H smaller timeframe also shows an M top pattern, with MACD indicating negative momentum and insufficient bullish strength, while KDJ shows a death cross; various signs indicate that today will still be a day of corrective, downward fluctuations.