3.9 Monday's Latest Bitcoin and Altcoin Strategy: Critical Decision Point?

In the previous analysis, the short-term bullish outlook was clearly outlined, with point-to-point guidance! Not sure how many friends have benefited? The senior brother is preparing to officially resume activity recently, continuing this week to focus on the Stone Plate and help three people level up!

From the 4-hour chart, after receiving support around 65,500 and 1,900, there was a volume surge leading to a strong rebound, but it was soon met with selling pressure, resulting in a candlestick with a long upper shadow, indicating strong selling at higher levels. The latest 4-hour candlestick shows a small-bodied doji star pattern, with volume significantly decreasing, which means the bullish momentum is waning, and the market is temporarily in a consolidation and wait-and-see phase.

On the daily chart, the trend also shows long upper shadows, directly reflecting the strength of resistance at high levels. Technically, the 4-hour MACD has formed a golden cross below the zero line, with the fast and slow lines turning upward and the histogram shifting from negative to positive, indicating a short-term slowdown in downward momentum and a phase of rebound signals. However, the indicator is still below the zero line, suggesting that the medium-term pattern remains bearish.

Short positions on Bitcoin at 68,500-69,500, targeting around 66,000:
Short positions on Altcoins at 2010-2040, targeting around 1930.

Personal opinion, for reference only, not investment advice!