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3.23 Bitcoin Evening Update
Bitcoin has effectively broken through 71500, with the high touching 71777. Previous analysis framework is invalidated.
The Israel-Iran geopolitical conflict has notably eased, with Trump officially announcing dialogue progress and military action delayed by 5 days. Global risk-off sentiment is cooling rapidly, and market pricing is reverting to fundamentals. Risk assets facing short-term pressure.
Price has broken through key levels, and the trend may be shifting. Pay attention to risk management. It is recommended to observe more and trade less!
Trading Suggestions:
Entry Zone: 72000–72500 staged layout short positions
Target Zone: 69000–69500
Risk Control: Set stop-loss based on your position size, strictly control position sizing, and avoid overlevered speculation.
Israel-Iran dialogue still carries risks of reversal. Close monitoring of subsequent news is necessary. If the situation escalates again, timely strategy adjustments will be required.
Evening volatility may expand significantly. Be sure to place stop-losses and use light positions to avoid emotional chasing. #特朗普向伊朗发出48小时最后通牒 $BTC $ETH