Four-hour timeframe Yesterday, a rebound occurred at the bottom of the consolidation. The upper trendline (the highest point of each rebound) is continuously decreasing. This time, it will dip below the 69,000 mark and then rebound📉 Trading Strategy: Today’s setup is quite clear. You can place a short position around 69,000. The stop loss is a breakout above 69,000 followed by a pullback and stabilization. For a short-term trade, you can go long at market price, take profit at 69,000 directly, and set a stop loss if it drops below 66,769.
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Market Analysis: $BTC (2026-3-1)
Four-hour timeframe Yesterday, a rebound occurred at the bottom of the consolidation. The upper trendline (the highest point of each rebound) is continuously decreasing. This time, it will dip below the 69,000 mark and then rebound📉
Trading Strategy:
Today’s setup is quite clear. You can place a short position around 69,000. The stop loss is a breakout above 69,000 followed by a pullback and stabilization. For a short-term trade, you can go long at market price, take profit at 69,000 directly, and set a stop loss if it drops below 66,769.