Cryptocurrency Red Sister 3.16 (Writing time 0:32) Latest Bitcoin (BTC) Market Analysis and Trading Suggestions Today: #比特币站上七万美元 #加密市场上涨

Bitcoin is currently trading around 71400. Today's intraday price rallied and pulled back, forming two pin bars at the 1H chart EMA30 and BOLL middle band without holding support. Currently, the K-line continues to test the EMA30 support level, confirming that Red Sister's high short positioning yesterday was very accurate and effective. It is recommended to continue holding. Both KDJ and RSI show divergence toward the oversold zone. After DIF and DEA converge, they are currently in a death cross formation with red bars showing volume expansion. However, the BOLL upper-middle band continues to maintain an upward trend, so the downside space available today may not be very large. As short-term indicators KDJ and RSI have entered the oversold zone, it is recommended to watch the EMA60 and lower band zone below. Today's high still needs to focus on the upper band and intraday high resistance zone. Whether short positions can be held long-term needs to monitor the 4H chart where DIF and DEA are forming a second bearish divergence downward. Once this forms or breaks the 4H middle band, it may continue the bearish divergence.

Today's Sell Signal: ≥72000 Light Short, Stop Loss above 72800. Take Profit 71300-70700. If breaks 70500-70000, can continue holding.

Today's Buy Signal: ≤70700 Light Long, Stop Loss below 70000. Take Profit 71300-71800. If breaks 72000-72200, can continue watching toward 73000 area.

Article review and push have delays. The above price levels are suggestions for reference only. Please manage your own entry timing and remember to implement risk management. Do not use excessive leverage! Thank you for reading!