3.24 Afternoon Bitcoin Outlook: Critical Decision Window!

The market is neither in a one-sided rally nor a one-sided decline, currently in a critical decision window following last night's rebound, with the direction of bulls and bears about to become clear.

69,500 is the core demarcation line between strength and weakness. If effectively broken, this rebound will conclude; if this level holds, there's potential for a second push higher. The 71,800 level above is not an ordinary resistance, but the critical threshold for opening up new upside space.

Long Setup: 69,400–69,700
The overall uptrend hasn't been damaged; the current phase is a strong consolidation. Pullbacks represent low-entry opportunities.

Short Setup: Break below 69,500 key support
When structure formally weakens, consider shorting.

Two Operations to Avoid at This Stage
Blindly chasing rallies and panic selling
Recklessly opening random positions

The current price action is specifically designed to liquidate these two types of aggressive traders. You must control your impulses and time the rhythm correctly.
#BTC突破71000美元