3.24 Morning Big Bitcoin Analysis 📊

The current market is in a shock recovery phase, with bullish candles gradually reclaiming the previous pullback bearish candles. Short-term bullish sentiment remains intact, but upward selling pressure should not be underestimated, and the risk of rallies followed by pullbacks is accumulating.

• Upper Resistance: Focus on the 71500-72000 area. If there is significant resistance here, consider entering short positions in batches. If it breaks through effectively, the market will open a new uptrend channel.

• Lower Support: The 70000 round number level is the core defense line. If it stabilizes and rebounds, consider building long positions in batches. If it breaks below, further support can be expected around 69000.

Market conditions change in an instant. Only by following the price action closely and adjusting flexibly can we move forward steadily amid volatility.
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