Tuesday, March 10th, BTC Silk Share in the Evening

The four-hour cycle quickly plunged after touching the upper Bollinger Band, and the bullish momentum has been almost exhausted. If the price cannot break through the short-term resistance level of 72,000 and the peak of 74,000, it indicates that the rebound strength is insufficient, and there is still a possibility of further decline in the future. In the short term, if Bitcoin rebounds to the 70,700-71,500 range, consider shorting, with a target around 68,500.
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