Crypto Circle Mr. Coin: 3.28 Bitcoin (BTC)) Market Analysis Reference

Bitcoin daily chart has entered a correction trend. The intraday low is approaching the 65,500 level. On the hourly chart, the price continues to move downward along the lower Bollinger Band, and although there was a rebound by early morning, the resistance above has not been broken. Overall, the trend still appears relatively weak. Additionally, with the Bollinger Bands opening downward, the upper resistance is decreasing over time. If the price cannot break and stabilize above 68,000 in the short term, there is a possibility of a pullback support. We advise all crypto friends to prepare in advance.
Our short-term strategy remains cautious, mainly focusing on rebound short positions, with light positions following breakouts.
Upper resistance is around 68,500; lower support is around 65,000.
3.28 Bitcoin short-term reference:
Range 68,300-69,300, with a stop loss at 72,500, and a 500-point stop loss.
Target below 67,000, with support at 64,300-65,300, and a target above 66,300.
Stop loss of 500 points.
Note: The message may be delayed. Strategy suggestions are for reference only. The market is highly volatile. No matter how confident you are in your market judgment, always set proper take-profit and stop-loss levels. Secure your profits.