3.25 Bitcoin Summary

Today's Silk Road trend is clear and definitive:
Bulls lack sustained momentum to push higher, avoid blindly chasing peaks, unidirectional trend has not yet formed
Upper resistance provided at 71000-71500, obvious pressure indicates setting up short positions

Actual Market Movement:
First wave: Pulled back from 71028 to 70375, creating 653 points of space
Second wave: Pulled back from 71319 to 70752, creating 567 points of space
Third wave: Pulled back from 71999 to 71085, creating 914 points of space
Fourth wave: Pulled back from 71933 to 70531, creating 1402 points of space

The Silk Road has been verified by the market multiple times. It's worth noting: the third and fourth waves exceeded the target resistance by five hundred points—is this a reversal or a trap?
Did you hold your positions?

True direction is not about getting it right occasionally
It's about consistently hitting the turning points every time. The Silk Road always leads the market by one step.
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