March 11, 2026 Evening BTC Market Analysis

Currently, Bitcoin is in an accelerated bear market decline phase. The Iran Strait Blowout + $200 oil price statement on March 11 completely exposed yesterday's smoke screen, reinforcing macroeconomic bearishness. On the technical side, the 4-hour MACD is about to form a death cross, and today's trading strategy is clearly bearish. Yesterday's short position at 71,800 has dropped about 3,000 points to around 68,800, now approaching the first support level at 68,600; today's focus is on short positions on the right side between 70,005 and 70,500 (top model median line + dense trading zone, entering after a rebound triggered by CPI data); rebound long positions are divided into three levels (68,600 / 66,200 / 64,800), all requiring operation based on pattern signals, small stop-loss, quick take-profit, and strictly avoiding continuous averaging; left-side short positions between 75,100 and 76,300 are reserved for future observation; the large-scale 57,700 to 56,600 golden pit spot dollar-cost averaging strategy remains unchanged—if the trend line at 64,800 is broken, skip the middle zone and directly build positions here.