Coin Circle Mr. Coin: 3.24 Bitcoin (BTC)) Market Analysis Reference - Big Cake Reversal Signal Has Arrived. Yesterday afternoon, the price explored a low of 67916 and directly rebounded above 70,000. Intraday rebound of nearly 5000 points indicates that the 67500 area is the bottom line for main capital and also a previous low level. The bears have reached their limit here. The daily chart is even more intriguing. Three consecutive days of positive closes, but notice that each positive candle carries a long upper wick. This shows that bulls want to push higher, but at the 72000 level, bears are deeply ambushed with very concentrated selling pressure. This is the struggle between longs and shorts, neither giving way. Looking at MACD, the indicator that best reflects trend strength. On the 4-hour level, DIF has already formed a golden cross with DEA and continues to rise, moving from -269 to 603, a signal of strengthening short-term momentum. However, on the daily level, the MACD histogram has contracted from 1457 to 141, showing obvious deceleration. In other words, the strength of the large-level rebound currently warrants observation. Looking at moving averages, price has already stood above EMA7, currently trading above 69879, a sign of short-term strength. However, look at EMA30 and EMA120 at 70040 and 70290 forming a death cross. This level is the dividing line between longs and shorts. If price can break above this area with volume, the trend will completely reverse. If it fails, this would be a standard bull trap. Regarding volume, this evening at 8pm, there was a 7343 volume crash, indicating capital flight. But the subsequent rebound? Shrinking volume, showing very cautious buying, no one willing to chase highs. Most critically, at the key resistance of 71246, a volume peak of 3251 was produced. This is a clear signal—this level is the trace left by main capital probing. To break through requires buy orders exceeding this volume level to confirm. Overall, 67500-68500 has strong support, and around 72000 has strong selling pressure. Short-term moving averages are performing well, but long-term moving averages remain suppressive. MACD shows small-level golden cross but large-level momentum decay. This chart is forming a converging triangle and will choose a direction anytime. At this stage, both sides have opportunities, but rhythm is key. Wait patiently for that volume confirmation signal. Whoever moves first becomes the leader of the next trend. Follow Coin Mr., bringing you real-time market analysis. 3.24 Bitcoin Short-term Reference: 72300-73300 area bears, defense at 75500 rebounds, stop loss 500 points, target below 71300 in 68500-69500 area bulls, target above 70500, stop loss 500 points. Note: Sending has delays, strategies are for reference only. Markets are ever-changing. No matter how confident in market judgment, always set stop loss and take profit levels. Lock in gains with peace of mind.#Gate13周年全球庆典 #Gate储备金报告 #加密行情震荡 $BTC #$GT $ETH