2026-03-12 10:41:24

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, stop loss at $68,500, target $70,500–$71,000
Short: On rebound to $71,000–$71,500 facing resistance, light short position, stop loss at $72,000, target $69,500–$69,000

⚠ The above is for reference only and does not constitute investment advice. #原油价格上涨 $BTC

BTC-0,66%

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