3.10

Last night, after a quick dip, the price rebounded immediately. The short-term oversold market is beginning to recover, but the resistance around the 70,000 level remains strong, and the bulls currently lack the momentum to push higher.

Long-term holders are not under much selling pressure, and the market is still in a phase of shakeout and bottom formation. It does not yet have the conditions to break out of a unilateral trend. We need to wait until the chips are fully exchanged before choosing a direction.

In terms of operation, strictly control positions, mainly buy low and sell high, patiently wait for the trend to clarify, avoid heavy positions chasing rallies, and do not panic sell.

Bitcoin suggestion: around 69,500-70,000, with a downside view of 68,500-67,500.

Altcoin suggestion: around 2030-2060, with a downside view of 1950-1850. #Gate2月透明度报告 #国际油价突破100美元 #微策略再砸12.8亿美元增持BTC