3.20 Bitcoin Afternoon Market Analysis
From the current 15-minute trend, after the price surged to 71582.9 yesterday and faced pressure to pull back, it is now trading around 70450, displaying a weak pattern characterized by high-level consolidation.
The previous rebound failed to firmly break above the resistance line, short-term bullish momentum has weakened, price has retraced to near the medium-to-short-term moving averages, and the battle between bulls and bears is intensifying.
Key Levels to Watch:
Upper: Focus on the previous high of 71580. If it cannot be effectively broken, rebound sp
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