2026-03-09 08:05:06

【Bullish Defense Holds, Is a Major Rebound Coming?】

Based on yesterday's analysis, after Bitcoin broke below 67,000, it started testing support downward. Currently, the price is still operating near this critical 67,000 level. This position itself is an important defensive line along the upper edge of the triangle structure. Therefore, the upcoming trend can actually be understood from two perspectives.

First scenario: The rebound structure gradually strengthens.

If the market rebounds next and the rebound height continues to rise, and the bears' two attempts to suppress the price fail to produce new lows, it indicates that in the current battle between bulls and bears, the bulls are gradually gaining the upper hand.

In other words, the bulls are holding their ground in this area. Once market confidence gradually recovers, there could be a genuine rebound trend.

Second scenario: The current rebound is merely a symbolic technical correction.

If the rebound strength is noticeably weak and the rebound space is limited, then caution is needed, as this downward structure may not have truly ended.

In this case, the market is likely to continue downward after a brief correction, potentially testing lower levels.

But even so, it's not entirely a bad thing. Because if the market continues to decline, it may create new significant buying opportunities at lower levels.

Overall, the market is still in a key structural decision phase.
Short-term bulls and bears are still oscillating around 67,000.

Trading idea: Currently, the position is suitable for holding and enduring. Even if it drops further, it's a big opportunity.

#亚洲股市暴跌 $BTC #BTC走势分析 $ETH

BTC3,06%

ETH4,25%

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橙子研究院

2026-03-08 07:14:35

【BTC67000 Defense Line Temporarily Holds, Bulls and Bears Enter Critical Battle Zone】

Previously, it was mentioned that after Bitcoin reaches the 74,000 resistance level, it needs to pull back to find support, and the strategy should lean towards defense. Subsequently, the market also moved as expected, briefly breaking below 70,000, indicating short-term market weakness.

However, from the current chart, Bitcoin ultimately closed above 67,000, holding the previously mentioned triangle upper support zone, indicating that the bulls are still defending this position.

Current Key Levels:

Support: 67,000, 64,000 (Bull/Bear Critical Line)

Resistance: 70,000, 74,000

If 67,000 can continue to hold, Bitcoin still has the chance to challenge the 70,000-74,000 range again;
But if the daily chart falls back inside the triangle, the market is likely to test 64,000, or even look for support at 58,000-59,000.

Overall, the market is still in the phase of choosing direction, with more frequent fluctuations.

In terms of strategy: Since you're already trapped, hold your current position. The short to medium term has already seen significant drops, and holding through the dip might be the way to go. Perhaps the dawn is just ahead. Bitcoin is still expected to rally towards around 78,000 USD, so consider exiting or doing T for profit-taking.

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