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3-14 Saturday Market Analysis - Shorting Higher, Following the Trend to Short
Last night, BTC saw extreme wash-out action with sharp fluctuations of thousands of points up and down. After liquidating both longs and shorts, chip exchanges were completed. Short-term short structure is dominant, with rallies presenting shorting opportunities.
Saturday enters the weekend thin trading cycle. With institutional funds leaving and liquidity contracting, the market tends toward weak oscillations and pullbacks after rallies. False breakouts are frequent, with overall trading value being relatively low. Today's focus is on shorting higher - no bottom fishing, no going long.
Core Strategy
Shorting on rallies primarily; no catching knives on pullbacks; add on breakdowns following the trend.
Operation Recommendations
Short around 71500-72000, target 69500-70000#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #加密市场上涨