3.17 Bitcoin BTC today’s reference is as follows

Academicians of Bitcoin's yesterday's market have reminded everyone that the market is mainly short. What's going on now? The market is as expected, and the daily K-line has been negative for three consecutive times. Although it is irregular, the short trend has taken shape, the short sentiment has been full, and the daily K-line has fallen. The original support point of the trend line EMA15 is 66800. It is currently at the bottom of the arc top, the exchange point of 65500. If it cannot go up, be wary of the main force washing the market again. Below, pay attention to the daily K-line support point near 62700, MACD shrinks and goes down. KDJ opens its bell mouth downwards. After the Bollinger Bands close, the mid-rail support pressure exchange point is near 66300. If it cannot go up, you can place a short position at this position.

The four-hour ultra-short trend first looks at the current K-line position of the market. The K-line is currently at the bottom support point of EMA120 at 35350. It has already fallen below once before the opening in the morning. This time it stands with another short callback. It is recommended to focus on high altitude. MACD shrinks and goes down, KDJ index goes down, and the bottom support of Bollinger Bands is 64800, the overall trend is weak. It is more likely to have short-term upward strength to see whether the upper pressure level is strong enough.

The main idea is to go short: the first entry point at the top is near 67500, the second entry point is 68400, and then conservatively consider taking a stop loss of 69000. The target is the first support point of 65300 and the second support point of 64800. Specifically The operation is mainly based on real-time strategies. Suggestions are for reference only. Please bear your own risk.

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