Even if the dog house sees it, they have to admit the soles of their feet are greased and I ran fast. The long position just opened and then came this breakdown move, it's a pity we didn't catch a good position on this wave, let's wait for the Asian session to recover and we'll look at around a thousand points on this position#Gate13周年全球庆典 $BTC $ETH

Coin Circle Mr. Coin: 3.19 Bitcoin (BTC) ) Market Analysis Reference Many people have been asking these past two days—didn't we just break through a few days ago? Why is it starting to fall again? Don't worry, today we'll discuss what counts as "shakeout" after a breakout and what counts as "topping out." Let's look at the market movements everyone cares about. From the 4-hour level, we can see a relatively obvious pullback signal: consecutive bearish candles have broken below the short-term key moving average—EMA7 support. This indicates that the short-term upside momentum has been interrupted, and the market is entering a pullback cycle. Switching to the daily chart, let's clarify the structure. On March 16th, there was a high-volume long bullish candle that broke through a key resistance level, which was very significant. But remember, any healthy uptrend won't be a straight line. What the price is doing now is "retest confirmation." It's currently retesting the 71000 round number level. Looking further down, the more critical support is at 70000. 70000 is not only a round number level but also a psychological defense line for this rally. Looking at the indicators—MACD: on the 4-hour level, the fast line has crossed below the slow line, forming a death cross, signaling short-term adjustment. Meanwhile, on the daily MACD, the red histogram is beginning to shrink, and the fierce upside momentum from earlier has temporarily weakened. EMA: the price has broken below the 4-hour EMA7 (which is 72347), and short-term rebound is testing the resistance at EMA30 (72539). EMA30 is known as the "lifeline" of short-term trends, and whether it can break through is crucial. Looking downward, 69500 to 70000 is the larger bullish defense zone. As long as this level doesn't break, the mid-term uptrend structure remains intact. Volume: the current 4-hour volume has shrunk to 1233 BTC, indicating the market isn't panicking, but no one is rushing to buy either—everyone is watching and waiting. This volume-shrinking pullback itself isn't scary, but what would be scary is if volume suddenly spikes at some level in the coming period, especially if it breaks 70000 on volume, which could trigger a chain of selling. So the key focus next is on 70000. If we hold this level, it's a shakeout; if we don't hold it, we need to reassess the trend. See you tomorrow. Follow Mr. Coin to get real-time market analysis. 3.19 Bitcoin Short-term Reference: Ranging 72800-71800, defend 73500 complement, stop loss 500 points, target below 71000, ranging 70300-69300, target above 71300, stop loss 500 points. Please note there may be delays in sending strategies. Suggestions are for reference only.Markets change rapidly. Regardless of how confident your market judgment is, be sure to set take-profit and stop-loss orders properly, and secure your gains. #Gate13周年全球庆典 $BTC $GT $ETH