3.19 BTC Morning Market Analysis
Short-term weak oscillation with bearish bias, primarily trading bounce shorts and light longs.
I. Logical Support
- Macro: Fed hawkish policies landing, liquidity tightening, global risk assets declining across the board.
- Technical: 4-hour breakdown, moving average pressure, MACD below zero axis with bearish alignment, bounce without volume.
- Funds: ETF outflows, whale position reduction, liquidation volume, selling pressure unrelieved.
- Correlation: ETH weakening in sync, BTC lacks independent bullish driver.
II. Trend Qualification
- Level: Hourly bearis
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