Crypto Circle Mr. Coin: 3.22 Bitcoin (BTC) ) Market Analysis Reference

Looking at the 4-hour level, after this decline, a K-line with a long lower shadow has formed, with obvious buy orders providing support at the 68237 position. Although the daily chart shows three consecutive bearish candles, the latest K-line also has a relatively long lower shadow, indicating that when bears push downward, buyers are starting to emerge below, and the downward momentum is weakening. From a technical perspective, both the 4-hour and daily MACD are still below the zero line, but the histogram is shrinking, suggesting that bearish strength is declining and there is a need for a technical bounce in the short term. The moving average system is currently still in a bearish arrangement, with price trading below all EMA lines. However, the current deviation has reached approximately 5%, and the short-term divergence ratio is relatively large, with technical expectations for upward correction. From a volume perspective, after the initial volume-heavy decline at the 4-hour level, this rebound shows volume contraction, indicating that the willingness of capital to chase highs is still weak, but at least bears are not pushing down further. The daily level is even more obvious, with trading volume declining over the past three days, transitioning from volume-heavy decline to volume-light stabilization, and selling pressure gradually easing—this is a positive signal. Overall, the 68237 support level is temporarily effective, bearish momentum is weakening, and combined with the overstretched deviation requiring correction, a rebound will likely occur in the short term. However, this rebound is currently in a volume-contraction state. For height, first observe whether price can restand the 4-hour EMA7 line; if it holds firmly, the rebound will have sustainability. See you tomorrow. Follow Mr. Coin to get real-time market analysis.

3.22 Bitcoin Short-term Reference: 68237 support zone, defense at 74500 compensation, 500-point stop loss, target 70000 below 68300-67300 zone, target above 69500, 500-point stop loss. Message delivery may be delayed. Strategy suggestions are for reference only. The market changes rapidly. Regardless of how confident your market judgment is, always set take-profit and stop-loss orders, and secure profits in your pocket #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡 #创作者冲榜 $BTC $GT $ETH