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3.13 Today's Trading Strategy
The early morning sharp rally is difficult to sustain. BTC surged to the key resistance level of 71,900 but quickly pulled back, with limited rebound space and strong pressure from previous highs.
This rebound is only a short-term technical correction, not a trend reversal. The high-level oscillation pattern remains unchanged, and a bearish bias remains the main theme.
The intraday spike and pullback indicate insufficient bullish momentum, with obvious selling pressure above. It remains difficult to break through the previous high resistance in the short term.
It is recommended to establish short positions in batches in the 71,700–72,500 zone, targeting the 69,000–69,500 area.