3.9 Evening Bitcoin Forecast and Analysis:

News Highlights:

The escalation of Middle East tensions has driven up oil prices. Coupled with unexpectedly weak non-farm payroll data, market stagflation fears have intensified. U.S. stock futures took a heavy hit in pre-market trading, and risk appetite has significantly cooled.
Internal disagreements within the Federal Reserve have increased, delaying rate cut expectations. Liquidity easing expectations have loosened, suppressing the performance of high-valued assets.

Technical Analysis:

The 1-hour chart of Bitcoin surged to 68,412.90 before pulling back. It is currently under pressure at the 68,000 level, with the MA7 and MA30 forming short-term resistance.
There is heavy short interest in the 68,500-69,000 range; breaking through this rebound resistance is difficult. The 67,000 level is a key support; if broken, it could trigger long liquidations.

U.S. Stock Market Opening Forecast:

The three major U.S. indices are expected to open lower and decline further, with the Dow, S&P 500, and Nasdaq potentially dropping over 1.5%. Risk aversion is dominating the market.
Bitcoin will likely follow the U.S. stocks in a correction. Tonight, focus on the 67,000 support level. If risk assets continue to weaken after the market opens, Bitcoin is likely to decline to the 66,500-66,000 range.

Trading Suggestions:

Consider going short when rebounding to the 68,400-68,900 range and above, with targets at 66,400-67,900.