2026-03-09 19:26:06

Last night, with the US market opening with three high lines, the overall market sentiment returned to full recovery. After the price stabilized above 68,100, the bulls continued to push strongly, rising sharply to around 69,500 before pausing. We managed to perfectly capture a buy order near 67,800 overnight and took profits at the 69,000 target. Currently, the price is slightly retracing but still above 69,000, and the overall movement remains strong.

From a structural perspective, the overnight rally had a breakout significance: after the price stabilized above the previous resistance of 68,100, volume increased and began to rise, touching the 69,500 level, which is the first effective test of the 69,500-69,800 resistance zone since the decline began in March. On the daily chart, Bitcoin shows three consecutive green candles, forming a clear "Three Soldiers" bullish pattern, and the price successfully broke above the MA30 moving average on the daily chart, indicating a shift from sideways to an upward trend in the medium term. On the hourly chart, the moving averages system shows a clear bullish arrangement, and MACD forms a golden cross above zero again, with red bars continuing to increase, indicating strong upward momentum. Support below the price has risen to the 68,800-69,000 zone; as long as it is not broken, the short-term bullish trend will continue.

Given the stability of the daily level and maintaining the bullish structure on the hourly level, it is advisable to continue following the buy strategy on dips. It is recommended to wait until the price retraces to the 68,800-69,000 zone, then distribute buy orders in batches, with a stop loss below 68,300, initial targets at the previous high of 69,500, and if broken, it is expected to continue rising toward 69,800-70,000. The short-term trend is clear, and buying opportunities on dips are good; preemptive guessing of the top should be avoided. #Gate2月透明度报告 $BTC

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CryptoHaoGe

2026-03-09 16:56:52

Last night’s market trend saw Bitcoin opening higher along with the US stock market, with market sentiment fully recovering. After stabilizing above the 68100 level, the bulls continued to exert strength, pushing the price up strongly to around 69500 before stopping. Our long positions around 67800 from the evening were perfectly captured during this rally, successfully taking profit at the 69000 target. Currently, the price is slightly retracing but still remains above the 69000 level, maintaining a strong overall trend.

From a structural perspective, last night’s rally was significant: the price broke through previous resistance at 68100 with increased volume, reaching a high near 69500. This is the first effective test of the 69500-69800 resistance zone since the decline began in early March. On the daily chart, Bitcoin has closed three consecutive bullish candles, forming a clear “Three White Soldiers” bullish pattern, and the price has successfully moved above the daily MA30, indicating a shift from consolidation to an uptrend in the medium term. On the hourly chart, the moving averages are arranged in a standard bullish divergence, with the MACD fast and slow lines crossing above zero again, and the red histogram bars continuing to expand, showing ample upward momentum. Support has moved up to the 68800-69000 zone; as long as this level holds, the short-term bullish pattern will continue.

Given the daily stabilization and the bullish structure on the hourly chart, it is advisable to continue following the trend with low buy positions. Wait for a pullback to around 68800-69000 to enter multiple long positions, with a stop below 68300. The initial target is the previous high near 69500; a breakout could further push toward the 69800-70000 key levels. The short-term trend is clear, and retracements are good opportunities to buy, so avoid guessing the top on the left side. #Gate2月透明度报告 $BTC

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