3.24 Early Morning Market Analysis

Last night, disrupted by sudden news, Bitcoin surged violently nearly 3000 points. Subsequently, it was proven that the news released was false, and Bitcoin pulled back after touching 71800. The short positions laid out in advance materialized smoothly and were safely secured. Friends who kept up with the pace have made substantial profits, with all relevant reminders already synchronized.

From a structural perspective, this rally is an anomalous move driven by news sentiment, and the overall trend still maintains a bearish bias. The positive news came abruptly, and after concentrated market sentiment release, there is insufficient continuity. Short-term will likely enter a consolidation phase, operations need to remain cautious.

Strategy remains focused on shorting at high levels as the main approach, with key focus on monitoring upper resistance performance, avoid chasing rallies blindly, patiently wait for high-level entry opportunities, strictly control position size and risk, and respond steadily to volatility.

Operation Suggestions:
Deploy short positions in batches in the 71000-71500 range, with targets around 69000-69500 nearby, if breakout occurs, watch 68000