3.21 Saturday Morning Market Analysis by Mufeng Yesterday, Bitcoin surged to the 71500 area but faced resistance and pulled back. Bears capitalized on the momentum, with prices dipping to the 69300 level where they stabilized. Current price is trading around 70600. The short bias strategy provided yesterday was successfully executed. Although the market decline didn't reach expected levels, the directional prediction was accurate, and profit margins remain substantial. Offshore markets weakened significantly, with US stocks and gold experiencing sharp declines simultaneously. In comparison, the crypto market shows clear signs of institutional support. Based on historical correlations, given such a sharp decline in the NASDAQ, crypto prices would typically have tested the 68000-67300 range. This round of movement has shown exceptional resilience. Weekend market correction probability is elevated. Overall trading strategy remains primarily short-biased. Trading Strategy Bitcoin: Short at 71500 and 71000, targets 69000 Ethereum: Short in batches at 2180 and 2150, targets 2000

Last night's excellent performance must be recorded. Focusing on the bullish strategy given near 69,500 before US stock market opening, successfully captured the first pullback wave, then caught another bullish wave, both days smoothly secured 1700 points of space, totaling 17,000 in profits. When you're always complaining about poor market conditions, you might as well see how Jiao Yang operates. Don't keep immersing yourself in dead ends wandering aimlessly $BTC $ETH #Gate广场AI测评官