BTC Market Update (March 12)
As of 18:40, BTC is around $70,400, with a 24h range of $68,978–$71,321, trading in a narrow range. The daily chart shows three consecutive up days but with narrowing gains, the 4-hour MACD has formed a death cross, the hourly line is oscillating between $69,500–$71,150, with obvious selling pressure above $71,500 and key support at $69,000 below. Tonight's CPI data release has the market cautious, with intensified long-short competition.
Trading Strategy (Short-term, Light Position):
Long: On pullback to $69,000–$69,300 with stabilization, light long position, sto
Lihat Asli