March 24 Morning: Bitcoin's Rally is Fake, Don't Chase!
Yesterday, Bitcoin suddenly surged because there was positive news from Trump's side, which is a sudden stimulus. Emotions come and go quickly, and this kind of uptrend simply can't hold.
Operation Suggestions:
1. Don't chase the rally! The market is unstable right now and prone to sharp pullbacks. 2. Short bias: Wait for a rebound near 71200, then consider shorting. 3. Target levels: Watch for declines at 70300 → 69500 → 68600.
Summary: Short-term outlook remains bearish. Be patient for high-level opportunities, use light positions, and don't get emotional!
March 24 Morning: Bitcoin's Rally is Fake, Don't Chase!
Yesterday, Bitcoin suddenly surged because there was positive news from Trump's side, which is a sudden stimulus. Emotions come and go quickly, and this kind of uptrend simply can't hold.
Operation Suggestions:
1. Don't chase the rally! The market is unstable right now and prone to sharp pullbacks.
2. Short bias: Wait for a rebound near 71200, then consider shorting.
3. Target levels: Watch for declines at 70300 → 69500 → 68600.
Summary: Short-term outlook remains bearish. Be patient for high-level opportunities, use light positions, and don't get emotional!
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