Judging from the current comprehensive situation, the pie is more inclined to have a certain advantage on the short side today, and the analysis is as follows:

Judging by the recent price action
On March 10, Bitcoin continued to decline, briefly falling below $80,000.
In the early hours of March 11, Bitcoin plummeted below $80,000. This sharp short-term decline indicates that the bears have been stronger in the near term, driving prices downward.
From the perspective of market capital
Flatbread ETF has had a net outflow for 6 consecutive days, with a maximum outflow of $516 million in a single day, institutional investors have accelerated their withdrawal from the crypto market, and a large outflow of funds will lead to a lack of upward momentum in the price of bits, and the selling of funds will further push the price down, which is beneficial to the bears.
The bit range is 78800-79300 empty, the defense is 78700, and the target is 75800#F1极速冲刺，享$50,000大奖 #近期加密市场观察 #市场触底了吗？