Crypto Circle Sister Hong 3.20 (Writing time 0:34) Today's Bitcoin (BTC) Latest Market Analysis and Trading Suggestions: #Gate13周年全球庆典 #TradFi首创多倍杠杆 #美联储维持利率不变

Bitcoin is currently trading around 69400. The evening market has broken down through the BOLL midline support level on the 1-day chart and the 69000 key level. K-line is continuing downward, approaching the MA30 moving average position, forming a relatively obvious bearish setup. MACD green histogram is showing continuous volume contraction signal. DIF and DEA convergence pattern is continuing to play out. The J-value in KDJ three-line is heading into oversold territory. RSI three-line convergence is moving downward, approaching 38, indicating downside space is not yet exhausted. Sister Hong suggests focusing on whether the MA200 and MA240 key support levels on the 4H chart can break down for a second time, and watch the 68000 support zone below for long entries. For upside, watch the 1H chart midline resistance for short entries.

Today's Selling Points: ≥70500 light short, stop loss above 71200. Take profit 69500-68800-68000. If 67500 breaks, can continue to hold.

Today's Buying Points: ≤68000 light long, stop loss below 67400. Take profit 68900-69500-70400. If 71000-71500 breaks, can continue to look higher.

Article review and distribution have delays. The above point suggestions are for reference only. Please use your own judgment on entry timing. Do proper risk management when entering positions, do not overleverage! Thank you for reading!