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詳情:https://www.gate.com/announcements/article/50291
March 19th Bitcoin Evening Public Strategy
From the 15-minute K-line perspective, the Bitcoin price rapidly dropped from 70945 to 69421, forming a volume-expanding long bearish candle that broke support. Subsequently, it rebounded slightly to around 70500 where it encountered resistance and pulled back. Currently, it is in a weak oscillating downtrend structure.
From the technical perspective, the 15-minute RSI is positioned in the 35-40 range, at the edge of oversold territory, with some minor rebound correction demand. However, there is no clear reversal signal yet. The MACD fast and slow lines have formed a death cross pointing downward, with green histogram columns continuing to expand, indicating that bearish momentum is still being released, with no bottom divergence visible yet.
Operation Suggestions: Use rebound at 70500-70700 to layout short positions, with targets at 69500-68500
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