2026-03-04 18:20:26

3.4 Wednesday Mu Feng Shí Pán Dai Dan Summary

Bitcoin surged to 73,688 intraday before consolidating sideways. The bulls continued to increase volume by over 5,000 points, but short-term upward momentum is clearly weakening. Caution is advised for real trading during the early hours!

Mu Feng's white chart mainly relies on high-altitude ranges. After breaking the range, long positions followed the trend and were successfully taken. A total of three trades were arranged today, successfully capturing a 2,650-point profit.

Yesterday's rebound was too rapid, with retail investors chasing highs with strong emotions. Institutions have already shown signs of profit-taking, which could easily trigger profit-taking pressure in the short term, increasing the risk of a sharp pullback after a rally.

Early morning trading suggestions

Short-term: Lightly short above 73,000, strictly set stop-losses, and take profits in batches at 500–1,000 points.

Mid to long-term: First look for support around 70,000.

BTC7,65%

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