March 7th Midday Bitcoin Public Outlook

1-hour arc bottom + cup and handle, a 20% rebound has already occurred. Consider taking profits on long positions at the bottom; volume-contracted rebound is a hidden risk, beware of false rallies.

Key levels: Hold steady above 70,700 to target 71,700-73,150. Only confidently attack upward after breaking 71,890.

Trading suggestions:
- Pursue longs on volume breakout above 70,600 on the right side.
- Pursue shorts on volume breakout below 69,900 with a rebound that does not recover, on the right side, with strict stop-loss.

Saturday is expected to be more volatile with no major trend;
Break below 69,600 on the 4-hour chart, target 68,500-66,600.
$BTC $ETH #当前行情抄底还是观望？