Coin Circle Sister Hong 3.23 (Writing time 0.02) Today's Bitcoin (BTC) Latest Market Analysis and Trading Suggestions: #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡

Bitcoin is currently trading around 68800. The early morning market the day before formed a breakdown retest, with intraday exploration down to around 68100 forming a halt to decline. The 1H chart shows a second test reversal pattern, currently attacking the BOLL middle band and EMA20 crossover resistance level. The BOLL three bands show a downward converging trend, MACD green histogram is in a process of weak volume increase, DIF and DEA second convergence is expected to form a golden cross, KDJ three lines are sticky and crossing upward approaching 65, RSI three lines are sticky and moving upward approaching 50, indicating short-term rebound demand, but upper resistance is strong. Sister Hong suggests focusing on the BOLL middle band and MA20 crossover position with EMA30 in the 1H chart, followed by overbought conditions after short-term rebounds for high-position shorting layout. The daily BOLL middle band can serve as a short defense line. Below, continue watching whether the three-test 68000 support level holds to enter low longs. If a subsequent three-test directly breaks 68000, low longs need to adjust to around the March 3rd low point to confirm support before entering longs.

Today's Sell Points: ≥69300 light short, stop loss above 70300. Take profit 68700-68100. If breaking 68000 can continue holding to around 67100.

Today's Buy Points: ≤67100 light long, stop loss below 66000. Take profit 68000-69300. If breaking 69800-70300 can continue looking up.

Article review and push distribution may be delayed. The above point suggestions are for reference only. Please grasp the timing of buying and selling yourself. Please implement risk control when entering positions, avoid heavy leverage! Thank you for reading!