3.13 Daily Analysis

Bitcoin has shown a step-by-step consolidation pattern this week. After a strong rally on Sunday that broke away from the bottom, it did not experience a deep pullback. Instead, it used time to achieve technical repairs while trading sideways in a narrow range between 68500-72000, with bulls and bears reaching equilibrium.

Currently, the market's oscillation center is gradually moving upward, with effective support from the box pattern and the strong momentum intact. The focus ahead will be on whether 72000 breaks out on volume. A sustained hold above the upper band could initiate a new round of upside; maintain a bullish bias on oscillations and await a directional confirmation.

Operation Suggestion:
Bitcoin: Go long near 69000-69500, targeting 72000 first, with a breakout target of 74000.