3.23 Bitcoin Operating Ideas Analysis

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Currently, the daily line shows a continuous bearish pattern with dark clouds covering the top, MACD death cross pointing down, RSI entering a weak zone, with shorts dominating the trend. The 30-day moving average has shifted from support to resistance, with price running below the moving average, and rebounds lacking volume support. The 4-hour bearish arrangement is clear, with EMA7/EMA30 forming a pressure band, and price continuously running below the midline. MACD green columns maintain volume expansion, with each rebound touching the midline multiple times before falling back, showing weak bullish counterattack power. Hourly line: oscillation structure shifting downward, each rebound lower than the previous high, resistance layers intensifying, displaying typical weak downward characteristics.

Operating Suggestions
Bitcoin 68500-69000 short, add on 1000-point rebound, stop loss at 70500, target 66500-67000. #Gate13周年全球庆典