3.13 Evening BTC Analysis



Daily chart rebounded to 72000-72500 strong resistance zone, multiple upside attempts followed by pullbacks, closed with a long upper wick, bulls lacking momentum, 4-hour MACD bearish crossover at highs, RSI overbought and declining, hourly bears gaining strength, dense trapped long positions above, sell-side liquidity significantly higher than buy-side, upside resistance is extremely strong.

Operation Suggestions: Short between 72300-72800 range, targets 71200, 70000
BTC2,12%
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