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BTC
3/13
The current market is in an adjustment phase following a pullback from highs. The core strategy is to short on bounces.
Key Levels
Resistance: 71400-71600 (previous consolidation range; bounce to this level presents shorting opportunity)
Support: 71142.5 (current support; if broken, watch 71000)
Trading Recommendations
Aggressive Short: Wait for price to bounce toward 71350-71400 to enter, stop loss at 71550, take profit at 71150-71000.
Conservative Short: If price breaks below 71000 and holds, consider adding shorts with targets at 70500-70000.