3.13 Bitcoin

The morning market probed slightly higher before facing rapid selling pressure. Price approached 72,000 and encountered strong selling pressure, pulling back. Buy-side follow-through was weak, and upside space remained unable to open. Key resistance on the daily level remains effective. Current bounce is merely technical recovery after the sharp decline, without changing the high-level consolidation pattern. Short-term bias is clearly bearish.

For rebounds at 71,800-72,500, accumulate short positions in batches with target at 70,000 level. If broken, watch for 69,000 $BTC $ETH #Gate2月衍生品市场份额创新高 #伊朗明确达成停火协议要求