Yesterday, Bitcoin experienced a strong rally driven by market sentiment, briefly surging to around 69,500. However, the market did not achieve a significant breakout, and the key resistance levels above still exert obvious pressure. From the current market trend, on the four-hour chart, the price continuously rose with bullish candles, reaching the upper Bollinger Band, but quickly encountered resistance and pulled back. Subsequently, a medium-sized bearish candle completely gave back all the previous gains, breaking the short-term bullish momentum. This rebound was more driven by external news and emotional trading rather than a trend reversal signal. As the market gradually digests external positive news, funds are expected to return to rationality, and the bearish forces are likely to regain control of the market. Overall, the structure remains under significant resistance above, with insufficient rebound momentum and weak sustainability. This round of market movement is more of a technical correction within a downtrend, and the overall bearish dominance has not changed. There is still room for further pullback in the future. Bitcoin's rebound is around 69,500-70,300, with a downside target of 67,300-66,000. Altcoins' rebound is around 2,040-2,090, with a downside target of 1,980-1,900.

📊 March 10 Cryptocurrency Market Analysis & Short Selling Strategy (Version 2) BTC 🪙: After a short-term surge, trading volume has weakened. The price faces clear resistance around 69,500. If it cannot break through, a technical correction will be triggered. Falling below 68,800 will lead to further decline toward the 68,300 support zone. ETH ⚡: Moves in tandem with BTC, encountering resistance at the upper Bollinger Band around 2,035. The bullish momentum is insufficient. If it drops below 2,010, a short-term weakening will be confirmed, with key support at 1,990. 🎯 Bitcoin short selling strategy: Short at 69,300-69,500, target 68,700-68,400, stop loss 69,800 🎯 Altcoin short selling strategy: Short at 2,025-2,035, target 2,005-1,990, stop loss 2,050

March 10th BTC.ETH.SOL Tuesday daytime position