Yesterday continued to test the weekly high around 71,500 but failed to break through effectively. This morning, US stock futures opened down 1%. No short position was taken at the high; intraday resistance is at 70,600 for shorting. Aggressive traders can short at the current price, add on rebounds, with the previous high at 71,800 as the stop-loss! UTC time, the market opens at 8:00, possibly filling the gap directly! The weekly chart definitely indicates a pullback, so shorting here can hold until the weekend. A great opportunity, set your stop-loss properly, and expect a pullback to 62,200 this week! ETH and SOL are also good targets for shorting!

#Gate蓝龙虾重磅上线 #伊朗在霍尔木兹海峡布设水雷 #原油价格回落 【$PLAY Signal】Long + 1H Breakout and Retest Confirmation $PLAY 1H timeframe is currently in a healthy retracement after a strong breakout, with the price stabilizing above key moving averages. The 4H chart shows a massive bullish candle establishing a bottom reversal, and the current consolidation with decreasing volume is building momentum for the next rally. Open interest remains stable, indicating funds have not exited, while positive funding rates suggest bullish sentiment is still brewing. Market depth shows selling pressure concentrated above the current price level; a breakout could trigger short covering. 🎯 Direction: Long ⚡ Entry/Order: 0.03715 - 0.03811 🛑 Stop Loss: 0.03380 🚀 Target 1: 0.05534 🚀 Target 2: 0.06396 🛡️ Trading Management: - Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to break above the recent high of 0.0417 and falls back into the lower part of the entry zone, consider exiting and observing. Deep Logic: The 4H chart shows a violent rebound from a long-term downtrend, with a daily gain of over 17%, which is a clear bottom reversal signal. The 1H chart shows a retest of short-term moving average support after the breakout, with momentum indicators pulling back from overbought territory. Although buy-side depth is slightly imbalanced, the overall order book remains strong with substantial buy orders below. Stable open interest combined with positive funding rates forms a classic “bullish support” structure, indicating the main force aims for higher levels. View real-time market 👇 $PLAY --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL

Thursday morning on 3.12, BTC/ETH Silk Share The current market indicates a clear signal of weak oscillation. After falling from the previous high of 71,777, the rebound highs are gradually decreasing, clearly under pressure from the MA7 and the upper band of the Bollinger Bands. The moving average system is leveling off, indicating that the short-term bullish momentum is waning, and the focus is shifting downward. On the macro level, the ongoing conflict between the US and Iran continues to disrupt the market. Geopolitical risks are intensifying, boosting market risk aversion and leading to increasingly fierce battles between bulls and bears. Notably, selling pressure at high levels continues to accumulate, while rebound strength remains weak. Until a clear breakthrough of key resistance levels occurs, the short-term outlook remains for resistance and consolidation. Operational suggestions: Bitcoin rebounds in the 70,500-71,200 range, consider shorting, target 68,000 Ethereum rebounds in the 2,070-2,090 range, consider shorting, target 1,930 $BTC $ETH $SOL #伊朗在霍尔木兹海峡布设水雷 #原油价格回落