3.13 Today's Trading Strategy


The early morning rally is difficult to sustain. BTC surged to the key resistance level of 71900 but quickly pulled back, with limited rebound space as the previous high forms strong resistance.
This rebound is only a short-term technical correction, not a trend reversal. The high-level consolidation pattern remains unchanged, and the shorting strategy remains the main line.
The price action of surging higher and falling back reveals insufficient bullish momentum, with obvious selling pressure above. A breakthrough of the previous high is difficult in the short term.
It is recommended to establish short positions in batches in the 71700–72500 zone, targeting the 69000–69500 zone.
BTC2.64%
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