2026-03-23 07:08:45

3.23 Bitcoin Afternoon Market Weakens with Oscillation

Bitcoin is currently consolidating around the 68000 level, with limited rebound strength, and bears still dominating overall. After touching a low of 67300 in early trading and recovering quickly, this indicates some support below, but selling pressure has not been completely released, and no strong reversal signals are visible for now.

From the daily chart perspective, a high pullback structure has formed, with upward momentum clearly weakening; after the Bollinger Bands broke through the middle rail, they continue to diverge downward, indicating a bearish medium-term trend. The hourly K-line is running close to the lower rail, with short-term weakness persisting.

In terms of operations, avoid chasing longs on rebounds and continue with a high short strategy as the main approach.
Reference: Short at 68800-69100 in batches, targeting 67000-66000.
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$BTC #加密行情震荡 ‌

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