Yesterday saw gains, and the market is now consolidating. It will likely dip first before rebounding.
Strong Support: 70000 When price approaches this level, buyers will step in, making it difficult to break below.
Further downside support: 69000–69500 If price reaches here, it's an excellent long entry position.
Operation Suggestions: Want to go long: Buy in batches around 69800～70200 Don't chase highs, wait for pullbacks and stabilization before entering. Stop loss: Exit immediately if breaks below 69000 Don't hold if it breaks, don't force it.
Targets: First take profit around 71500 Then take profit around 72000～72500
Key Points: Morning volatility is high, avoid heavy positions or full allocation Don't add positions below 69000 while holding Only consider chasing long if it breaks 72500 with volume candle Buy on pullback near 70000, cut if breaks 69000, target first at 71500 Only consider chasing if it breaks 72500 with volume expansion $BTC #Gate正式接入Polymarket
March 25 Morning Bitcoin Strategy Analysis
Yesterday saw gains, and the market is now consolidating. It will likely dip first before rebounding.
Strong Support: 70000
When price approaches this level, buyers will step in, making it difficult to break below.
Further downside support: 69000–69500
If price reaches here, it's an excellent long entry position.
Operation Suggestions:
Want to go long: Buy in batches around 69800～70200
Don't chase highs, wait for pullbacks and stabilization before entering.
Stop loss: Exit immediately if breaks below 69000
Don't hold if it breaks, don't force it.
Targets:
First take profit around 71500
Then take profit around 72000～72500
Key Points:
Morning volatility is high, avoid heavy positions or full allocation
Don't add positions below 69000 while holding
Only consider chasing long if it breaks 72500 with volume candle
Buy on pullback near 70000, cut if breaks 69000, target first at 71500
Only consider chasing if it breaks 72500 with volume expansion
$BTC #Gate正式接入Polymarket