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3.25 #BTC Trading Strategy
Currently, Bitcoin is still oscillating around the 70,000 level, with price bouncing between 70,000—71,000. Multiple upside tests have failed to establish a foothold, indicating resistance remains; downside pullbacks also find support, overall it's a range-bound trading game unsuitable for emotional chasing rallies or panic selling.
Today's key focus zones:
Upper resistance 70,800—71,500, strong resistance 72,000—72,500;
Lower support 70,000—69,500, strong support 68,800—68,000.
Operationally, if price rallies to 70,800—71,500 and fails to push higher, consider light short positions targeting 70,000—69,500 first, then 68,800 if broken below. If it pulls back to 70,000—69,500 without breaking and shows signs of stopping the decline, can speculate on a short-term long targeting a rebound back above 70,800.
If 70,000 is effectively broken through, the short-term structure weakens, making it easier to test 68,800—68,000 below.
Summary: Below 71,500 favor short bounces; holding 70,000 is necessary for short-term long plays.