2026-03-04 08:09:28

Bitcoin consolidating at high levels, how should we choose the direction?

The current market is in a high-level consolidation phase, with heavy resistance at the 70,000 level. The 4-hour technical chart shows bearish signals. Although the price is oscillating upward, the dark cloud cover pattern suggests a potential short-term reversal. Meanwhile, the significantly shrinking trading volume further increases the risk of a pullback. Short-term trading should focus on shorting the rebound.

Trading suggestion: Short around 70,000, target 67,000-65,000#美伊局势影响

BTC0,45%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

3 Likes