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Thursday, 3.12, Midday Bitcoin Market Update
From the current market situation, Bitcoin has attempted multiple times to break above 71,000 but has failed each time, indicating strong selling pressure overhead. The price may need to pull back further before attempting to push higher again. Additionally, the EMA monthly line has crossed below the weekly line, showing signs of weakness.
Personal suggestion, for reference only (strictly set stop-loss)
Bitcoin can be positioned around 70,000-71,000, with targets of 68,000-67,000