March 24: BTC has successfully tested the 70,000 psychological level, currently consolidating around 70,503.
Key focus on the 4-hour level: whether an engulfing candlestick pattern (engulfing formation) appears, which will determine if the short-term trend reverses.
Trading Strategy
Operation: Above 71,300, continue to consider shorting, betting on rebound resistance and pullback.
Resistance Level: 72,200-72,600 range for short positions
Support Level: 67,200-66,800 range for long positions
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