March 19, Thursday Morning BTC Analysis

Yesterday's rally faced resistance at 74,633. After retracing to the 73,000 support zone during the day, it stabilized and rebounded—strategy executed precisely. In the evening, it broke through key support with volume from shorts, hitting a low of 70,821, completely consistent with our forecast and perfectly matched in rhythm and range.

• Hourly Level: Broke below moving average bands, shorts dominating, currently weak rebound with insufficient volume.
• 4H Level: MACD showing bearish volume expansion, KD reversing at low levels, indicating technical correction possible, but doesn't change the short-term weakness.

Focus on supporting 70,500–71,000 zone below. If stable, consider light long positions with quick profit-taking; if this zone breaks effectively, downside opens up with targets potentially reaching below 68,000.

Focus on resistance at 72,000–73,000 above. Rebounds meeting clear pressure here present opportunity to layer into shorts, riding the move downward.

Near-term strategy: consolidation at bottom, ranges trading high-short-low-long, avoid chasing tops or bottoms, light positions for volatility play, strict risk control.
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