Coin Circle Sister Hong 3.20 (Writing time 0:34) Latest BTC Bitcoin Market Analysis and Trading Suggestions: #Gate13周年全球庆典 #TradFi首创多倍杠杆 #美联储维持利率不变

Bitcoin is currently trading around 69400. The evening market broke down again through the BOLL midline support level in the 1D chart and the 69000 level. The K-line is now approaching the MA30 moving average, forming a relatively obvious bearish pattern. The green histogram in MACD is showing continuous volume contraction signals. The DIF and DEA convergence pattern is still developing. In the KDJ three-line system, the J value is moving towards oversold territory. The RSI three-line is converging downward, approaching 38, indicating there is still downside space. Sister Hong suggests subsequently focusing on whether the MA200 and MA240 key support levels in the 4H chart can break down for the second time, and entering long near the support zone below 68000. For upside, it is suggested to focus on the midline resistance in the 1H chart for entering short trades!

Today's Selling Points: ≥70500 light short, stop loss above 71200. Take profit at 69500-68800-68000. If breaking 67500, can continue to hold.

Today's Buying Points: ≤68000 light long, stop loss below 67400. Take profit at 68900-69500-70400. If breaking 71000-71500, can continue to target higher.

Article review and distribution may experience delays. The above points are for reference only. Please manage your own entry timing. When entering, please implement proper risk controls and avoid overleveraging! Thank you for reading!