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3.24 Mufu Evening BTC Market Review and Strategy
BTC surged to 71383 intraday and then oscillated at higher levels, with bullish momentum temporarily strengthening. U.S. stock indices (3.23) closed collectively higher (Dow +1.38%, Nasdaq +1.38%, S&P 500 +1.15%), with risk appetite recovering, which may provide support for evening market action. Currently BTC is consolidating around 70500, with attention on the 70000 round level support and 71500 resistance.
Operation Suggestions
Big Pie: Accumulate long positions in batches upon pullback to 70000-70700 range (if it quickly dips to around 69500, can add positions, strictly control position size).
Targets: First target 71500, second target 72000-72700 resistance zone.