Market Outlook

Still fluctuating at high levels, waiting for the upper and lower boundaries to take action

Bitcoin continues to oscillate within the 70,000 range, refusing to break below or above, marking the third day of dull trading

At this point, I still find it difficult to enter trades, so I remain on the sidelines and continue to observe

Small timeframe: resistance at 71,700 above, resistance at 74,000 above; support at 66,000 below

Large timeframe: bull profit-taking zone between 78,000 and 81,000 above; test and recover zone between 57,000 and 60,000 below

Still unable to trade within the boundaries of the small timeframe

If I had to choose a direction, the small timeframe currently appears more favorable for bulls (1H bullish structure, CB positive premium, bearish news but no decline, relatively resilient compared to US stocks), but this is not enough

Reasonable speculation suggests that the small timeframe may test the 74,000 area again and then retreat, test the 66,000 or 63,000 area below again, then at the end of March, attempt to break the 78,000-81,000 range upward, and then break down in April

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