March 17 Afternoon BTC Analysis: Abnormal Rally is a Trap! BTC Rebound Space is Limited, Patiently Wait for Key Nodes



BTC rebound is about to top out, must fall below 80,000, daily line breakout above 75,000 appears strong, but is actually the 4th wave rebound on the weekly chart, not a trend reversal. US stocks and gold are weakening simultaneously, BTC's counter-trend rally is abnormal, harboring risks of luring longs.

The rebound high will likely be in the 78,800-80,000 range, with limited upside space. Focus on key time windows on March 19 and April 6, with a potential wave top around early April 6.

Short-term suggestion: deploy shorts, enter shorts at 75,300-76,000, target 73,000-72,500
#比特币站上7.5万美元
BTC0,71%
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