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Today's Bitcoin Outlook
24h: 68,787–71,611, currently down approximately -1.2%
The Federal Reserve's March meeting adopts a hawkish stance, with rate cut expectations cooling, leading to a collective weakening of risk assets.
Rebound to 71,200–71,500 encountered resistance; opened short on the 4-hour chart with a closing negative candle/breakdown.
Stop Loss: 71,800, above the 24-hour high; a breakdown invalidates the short position.
Position: Total capital ≤15%; take profit and exit immediately, do not hold. If volume breaks through 71,800, stop loss immediately; do not trade against the trend.
Focus on short-term trades, avoid long-term holdings.
First target: 69,500
Second target: 68,800