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The overall crypto market was relatively subdued over the weekend. Yesterday midday, BTC briefly rebounded to 68,500 but faced resistance and pulled back, declining steadily. It has now broken through the 67,000 level.
This downward move is not very sharp, characterized by a slow decline, and the indicators are not very clear: on smaller timeframes, only weakly converging indicators are visible, and on the 2-hour and 4-hour charts, there are signs of decreasing bearish momentum, so it does not meet the criteria for shorting.
The midline of the daily chart is close to 67,000. Whether the price

BTC Market Analysis
#2月非农意外负增长 Recently, BTC has begun a continuous decline after confirming a top formation: first completing a head confirmation at the secondary high point, then accelerating downward; subsequently entering a consolidation phase, forming a descending wedge (a typical bearish continuation pattern). Last night's rapid plunge was the accelerated release after the wedge broke downward.
Currently, there are no clear signals of a trend reversal: the rebound after small-timeframe consolidation is very weak, most likely indicating the formation of a new downtrend continuation, with

Market sentiment is really quite real. The fear index finally pulled back to 20, but when Bitcoin adjusts, it drops straight back to 12. A few days of gains were wiped out in a single day.
From the current trend, 74000 can basically be confirmed as a stage high. Weekend volatility has increased, and this pullback is about right. Dropping to around 67000 should be enough to clear out long positions. Looking back, the reminder to reduce positions and exit yesterday was indeed very important, with the lowest point touching the 67700/1950 range early this morning.
In short-term trading, keep an ey

March 6th Cryptocurrency Market Shorting Strategy ($BTC
⚠️ Risk Reminder: The following content is for market opinion sharing only and does not constitute any investment advice. Cryptocurrency trading carries extremely high risks; be sure to strictly control position sizes and stop-losses.
1. Core Logic (Shakeout Perspective)
• High point already reached: 74,000 is the stage top, entering a range of 68,000–72,000 for repeated tug-of-war and shakeouts
• Main idea: Focus on shorting, rebounds are opportunities for bears
• Target: First watch 55,000, medium-term target is in the 4-digit range
•

BTC/ETH
Analysis of some data:
Yesterday, Bitcoin touched 74. By observing the positions, we can see that the current long and short positions in the market show no signs of exiting;
In other words, the oscillating shorts around 70 have not surrendered, and the trend longs around 70 have not taken profits. Both sides are still engaged in high-intensity battles;
Main capital on spot leverage is mostly holding steady above 71, which also aligns with the trading habits of spot leverage funds;
Summary: Bitcoin is still within the range of oscillation and has not effectively broken through the

3.4 Evening Bitcoin Analysis: Short-term strong rally breaks through 71,000, ending over 20 days of weakness.
Early this morning, BTC remained under pressure at 69,000 with stagnant prices, then dropped to 67,350 at noon before stopping the decline and rebounding;
In the afternoon, it gradually rose to touch 69,000, with bullish momentum, and currently, it has surged past 71,000 in one go, approaching 72,000.
This rally ends the pattern of over 20 consecutive trading days of low-range oscillation before and after the Spring Festival, with the price rebounding from the oversold level of 59,800