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3.27 Bitcoin Auntie's Morning Thoughts
Yesterday, Bitcoin experienced a continuous decline with oscillations, dropping along the strong support at 68,000. After the US stock market closed, there was a strong rebound, but honestly, it was just a wave of emotional tug-of-war—coming in fiercely and leaving even faster. Ultimately, it was a fleeting moment.
From the current structure, the bears are now on the table. The four-hour chart shows continuous volume expansion and sharp declines, with the price directly breaking below the middle and lower bands, indicating a very clear weak trend. Although short-term bears are dominant, one thing to note— the previous low support at 67,300 has not been truly touched yet, so this decline still has some tail.
Personal Suggestions
Bitcoin: Enter around 69,200-70,000, with a target down to 67,500. If broken, look at 66,000!
Auntie Altcoin: Enter around 2,100-2,130, with a target down to 2,030. If broken, look at 1,950!
$ETH $GT #稳定币去利息化博弈升温