Tuesday 3.24, BTC price currently around 704-706. After yesterday's surge to 717 and pullback to the lowest 701 level, currently consolidating during the day session.

On the daily timeframe, three consecutive days of Yang candles with long upper wicks show extremely strong selling pressure at 720, with short buyers attacking strong resistance. Above EMA7, but the 50/200-day moving averages remain pointing downward, with the macro trend maintaining bearish bias unchanged.
MACD contracting significantly with limited rebound momentum, need to be cautious of a second test of the bottom!

On the 4H timeframe, golden cross pointing upward with short-term bulls in advantage. In terms of pattern, pay attention to resistance levels at 715 and 718, while today's key pivot point for bulls and bears remains at 705.