"Market Analysis for March 5: Convergence Has Revealed a Direction, Multiple Forces Reemerge with Dawn!"

It's not easy, but the market has finally moved. The convergence that Bitcoin has been talking about for weeks finally chose a direction yesterday, breaking upward. Bitcoin is also approaching the daily resistance around 94,300 as mentioned last night. As long as the next two days close with a bullish candle, the dawn of multiple forces will reappear. So the recent task is to look for long opportunities after a pullback and bet that this move can successfully break through with consecutive bullish candles, thereby amplifying profits!

$BTC Bitcoin's daily resistance is between 78,900 and 80,600. When going long from below, try to consider the position of the 4-hour Vegas channel for rebounds. Support levels are at 69,600 and 68,500—see how the rebounds develop at these levels.
$SOL Sora reminded last night that the resistance is at 94, and it also pulled back from this level early morning. If there's a pullback to 88 or 86.4, try to see how the rebound performs at these levels. The upper daily resistance is at 98.
$ETH Ethereum's support levels are at 2055 and 2015. If there's a chance for a pullback, observe the rebound effect. The upper daily resistance is between 2345 and 2370—keep an eye on this zone.

In summary, Bitcoin's convergence finally broke out yesterday, revealing a clear direction. Currently, when trading, try to look for long opportunities after a pullback. The logic here is to bet on a successful breakout through the daily resistance at 79,000-80,600, which will enlarge profits. If there's a direct reversal with a large daily bearish candle, we can find a small stop-loss point to avoid significant losses—it's still a profitable trade! If you don't understand the market or can't determine the direction, you're welcome to join the Chief. Click to join the Chief community (Follow the Chief for daily market analysis and precise entry points. Long and short positions are for reference only, with strict stop-loss and take-profit rules).