3.18 Wednesday Morning Bitcoin Analysis

After consecutive rallies, bullish momentum has shown obvious signs of weakening. Currently consolidating around 74000, both bulls and bears are in a wait-and-see phase, patiently waiting for directional confirmation.

Key Levels and Strategy
• Lower Support: 73000
This is a strong recent support level. If it holds on retest, enter long positions in batches; if broken effectively, the short-term trend weakens, follow the downside accordingly.

• Upper Resistance: 75000
If price rallies to this level and faces clear pressure, enter short positions in batches; if it breaks through and holds, bulls restart, follow the upside continuation.

Trading Summary
Currently range-bound consolidation, avoid chasing positions blindly
Sell high and buy low around 73000—75000, follow directional breakouts after key levels break.
Control position sizes strictly, use stop losses, prioritize stability.

The open strategy is for reference only; specific real-time guidance during market hours takes precedence.
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