3.24 Morning Market Analysis



Last night, disrupted by breaking news, Bitcoin surged violently by nearly 3000 points. Subsequently, it was proven that the news released was false, and Bitcoin pulled back after touching 71800. Lao Guo's pre-positioned short positions were successfully realized with stable profits. Friends who kept up with the pace have already earned generous returns, with all relevant reminders synchronized in place.

From a structural perspective, this rally is a news-driven anomaly. The overall trend still maintains a bearish bias. The positive news came abruptly, and after market sentiment concentrated release, there is insufficient follow-through. In the short term, there is likely to enter oscillatory consolidation. Operations require maintaining caution.

Strategy-wise, maintain high short positions as the main approach. Focus on monitoring key resistance pressure above, avoid blindly chasing rallies, patiently await high-level entry opportunities, strictly control position size and risk, and respond steadily to volatility.

Operation Suggestions

Layout short positions in batches in the 71000-71500 range, with targets around 69000-69500, break-through targets at 68000
BTC3,41%
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