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3.12 Bitcoin Public Outlook
Current Status: Narrow fluctuations between 69,500–70,500, with bulls and bears deadlocked. Tonight at 20:30, the US CPI is the only breakout point. The trading range is between 69,500–71,150; a breakout above or below will determine the direction.
Conservative: Wait and see before the CPI release, and act after the data is confirmed.
Bullish: Stand firm around 71,000 and follow up.
Bearish: Follow up if it drops below 68,500.
Risks: Post-CPI volatility may be intense, with high liquidation risk. Strictly control positions and stop-losses. #原油价格回落 $BTC