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3.15 Sunday Bitcoin Latest Strategy
The weekend market remained as usual with limited volatility. Yesterday provided a short selling opportunity in the 70,000-72,000 range with long positions at lows, and price action basically met expectations. With some short-term room on the short side, those who capitalized could enjoy a nice gain over the weekend.
For today, short-term technicals are in an oscillation and recovery phase with low probability of a one-sided move, so continue treating it as a range-bound day. With the 70,000-72,000 range intact, maintain the strategy of shorting highs and buying lows in this zone.
Short entry reference: 71,500-72,000 range
Long entry reference: 70,500-70,000 range
Focus on short-term rhythm and timing. Wishing everyone a pleasant weekend.