# 3.26 Thursday Bitcoin Morning Analysis Overnight, Bitcoin pulled back near 706 and rebounded above 710. Although the short-term battle between bulls and bears is intense, there has been no substantial directional movement. However, this type of price action presents an excellent opportunity to accumulate for short-term trading. Currently, the small-timeframe range rhythm has not been broken, and this pattern will continue. The current short-term resistance is at 720, with short-term support in the 690 area. Following the principle of "no break, no establishment," we will focus on pullbacks intraday. From a technical structure perspective, the short-term shows a range-bound consolidation pattern. Until a clear bullish or bearish signal emerges, trades should be participated around the range. For the morning session, Bitcoin rebounded to 715. Consider staged shorts near 720, targeting the 695-685 area. If it breaks lower without extending, reverse to long positions.

Crypto market trims losses with a modest rebound as US stocks close higher and crypto-related equities rally. If sustained, risk-on tech-style bounce could spill into small-cap alts. $BTC $ETH

The UK directly cut off the cryptocurrency channel in political donations, and the reason is simple: fear that anonymous funds and external interference would get mixed together. This news itself may not immediately change volume and price, but the regulatory tone is clearly tightening, which is not particularly friendly to risk appetite in the short term. $BTC and $ETH will both be glanced at by the market. $BTC $ETH