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**3.19 Afternoon Bitcoin Analysis: 76000 High Pullback, Bears Dominating Short-term Momentum**
Bitcoin pulled back significantly yesterday due to US stock and Federal Reserve expectations, testing a low of 70400, currently consolidating weakly around 71000. The previous uptrend pattern has been broken, with the triangle consolidation range breaking down, and the bearish trend is clear.
The four-hour chart shows continuous decline, breaking through key support levels with weak rebounds; the hourly chart shows bears dominating with extremely weak rebound strength, with an overall bearish structure evident. Operationally, focus on shorting rebounds at higher levels without blindly catching falling knives.
Bitcoin shorting around 71500, targeting around 70000
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