Today's Bitcoin Outlook. 3.25

Current market is consolidating after a V-shaped rebound. Bulls have not completely reversed the weakness, but the 70000 round number level has strong support from both psychological levels and institutional cost base. This is a low-absorption opportunity after oversold rebound, not a trending bull market.

Support: 70000 strong psychological + institutional cost support、
69800 short-term sharp decline support level
​
Resistance: 71300-71500 previous selling pressure zone、
72000 rebound limit

Trading Plan - Long Strategy
Entry: 70000-70200 place long orders
​Stop Loss: 69500 breakpoint, abandon long thinking
​Target: 71000-71300 take profits first, if breakthrough look at 71800
​
Short Strategy
Entry: 71300-71500 resistance short
​Stop Loss: 71800
​Target: 70500-70000

Do not chase longs above 70800, strong selling pressure above, chasing highs easily gets trapped
​Total position ≤50%, long positions not heavy
​If effective break below 69500, immediately close long positions, turn to observation or short strategy

Summary
Do not chase at current price, place long orders at 70000, stop loss 69500, target 71300, hold the 70K level, this rebound wave will be profitable. #Gate正式接入Polymarket #美股三大指数集体收涨 $BTC