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3.27 Morning Analysis
Yesterday, Bitcoin executed a total of 6 trades, all successful, with a clear strategy and precise timing throughout. Its strength needs no further explanation; the real performance is verifiable, tangible, and testable. Following the trend means gaining profits, while missing out only results in regret.
The market yesterday was predominantly bearish, with the white market oscillating downward during the day, continuing its decline into the evening. In the early morning, it dipped to around 681 before finding support and rebounding. Currently, the price is consolidating around 687.
Regarding the market trend, from the chart perspective, the bearish trend is clear. After continuous volume expansion on the four-hour chart, the price directly broke below the middle and lower bands. In the short term, the bearish dominance remains, with insufficient bullish momentum. The high-altitude short strategy remains unchanged.
Trading Suggestions
Sell in batches around 69,000-69,500 on rebounds, with targets near 67,000-66,000 below.