Crypto Circle Academician: On 3.11, Bitcoin Whales Are疯狂吸筹！On-Chain Data Speaks—What Are You Doing? Latest Market Analysis and Strategy Reference

Bitcoin current price: 70013.6, daily candle closed with a high-volume bullish candle, up 2.37%! Strong rebound from the panic low of 59800, successfully stabilizing above the 70,000 level. The bottom reversal signal on the technical chart is fully confirmed. This wave of consolidation after the pullback is the golden window for布局！

The main force rebounded from the low of 59800 and is now above the EMA15 line at 68348, with the EMA30 line at 69864 nearby. The long-term moving averages are flattening and turning upward, indicating the bearish trend has been broken, and a bullish trend is forming. Key support levels at 67000 to 68000, Bollinger Bands lower band, plus previous high-volume trading zones, are the lifeline of this rebound. As long as they are not broken, the rebound trend will not reverse.

The main force is operating above the middle Bollinger Band at 67666, which is a strong bottoming zone. The lower band is moving upward, indicating the downward space has been completely sealed. The upper band at 71585, once broken with volume, will open up medium-term upside space to 74000-78000. MACD bearish momentum is exhausted, and bullish momentum is beginning to accumulate—this is a typical bottom reversal signal.

Short-term strategy reference: The market is never 100%, so always set stop-losses for safety. Small losses and big gains are the goal.

Below 68000 to 67500 heading north, defend at 66500, stop-loss at 400 points, target 70000 to 71000, break target 73000 to 74000.

Above 72500 to 73500 heading south, defend at 74000, stop-loss at 400 points, target 71500 to 70500, break target 70000 to 69500.

Specific operations depend on real-time market data. For more information, contact the author. Articles may have delays; this is for reference only. Risk is on the user. #加密市场上涨