3.22 Morning Market Analysis



Price pulled back from the high of 71087, touched a low of 70164, and entered narrow-range oscillation with an overall weak consolidation trend.
Short-term moving averages have formed a death cross and continue to diverge downward. Price is pressured below the moving averages with a clear bearish trend.
Oscillating in the 70200–70400 range, with obvious resistance near the previous high of 71087.

Operation Suggestions

At rebounds to the 70900–71400 range where resistance appears, consider selling short following the trend with a target around 70200. After breaking down, watch for 70000→68800#Gate13周年全球庆典 $BTC
BTC-2,11%
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