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March 2nd Midday Bitcoin Public Outlook
Volatile swings, only act on breakouts, volume confirmation + stabilization are effective, strict stop-loss control
• Bullish engulfing near 66,372 → do not chase (sideways, resistance at 68,214 above, support at 64,707 below)
• Multiple attempts to top out → break below 66,372 → retest 64,707 → false breakout rebound above 66,372 → isolated high at 67,077
• Currently: 66,372-67,077 is the core resistance zone; only look for a rebound on a breakout, if retesting and breaking below 64,707, watch the previous low at 63,009
Trading Suggestions
Break above 66,513 with volume + stabilization → chase longs on the right side, target 67,077-67,747
Break below 66,000 with volume + inability to recover on retest → chase shorts on the right side