3.19 Thursday Morning BTC Analysis

Yesterday's surge encountered resistance at 74633. After retracing to the 73000 support zone during the day, it stabilized and rebounded with precise strategy execution. In the evening, it broke through the key support level with significant short volume, hitting a low of 70821, completely consistent with our prediction, with perfect rhythm and price action matching.

• Hourly Level: Breaking through the moving average band with bears in control. Currently weak rebound with insufficient volume.
• 4H Level: MACD shows bearish volume expansion, KD turning at low levels with technical recovery potential, but not changing the short-term weakness.

Key Support Below: Focus on 70500–71000 support zone. If stabilized, add light long positions with quick entries and exits, taking profits promptly.
If effective break below this zone, downside room opens up with targets potentially extending below 68000.

Key Resistance Above: Focus on 72000–73000 resistance. Rebounds here face clear pressure; can set up short positions in tranches, playing the retracement with momentum.

Short-term strategy: Range consolidation bottoming, sell rallies buy dips, avoid guessing tops and bottoms, light position trading with strict risk control.
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