March 30 BTC Analysis:
1. Currently, the overall bearish strength of BTC is dominant, being suppressed by a natural resistance line. Each peak is lower than the last, and each trough is also lower, indicating that the bears hold an absolute position! 2. The entire triangular shape is nearing its end, meaning we are about to enter a turning point at the beginning of April, so everyone should manage their risk well.
3. Trump's tariffs will take effect on Wednesday, which is expected to be a significant bearish factor, so a downward spike is likely, and strict control should be maintained!
4. Remember that the natural law is that the extreme of yin is yang, and the extreme of yang is yin. Therefore, after a significant drop and spike, there will be a massive upward reversal, meaning that April and May are generally bullish. BTC will likely touch previous lows before rebounding, and in a worse scenario, it may drop to around 72,000, creating a long lower wick!
How to break the局:
1) First spot order position: 76,000 with 50% of the position, replenishment position: 73,000 with 50% of the position!
2) For contracts, wait for the bottom to stabilize before trading, temporarily set orders at 73,000 with a stop loss at 72,000!
1. Currently, the overall bearish strength of BTC is dominant, being suppressed by a natural resistance line. Each peak is lower than the last, and each trough is also lower, indicating that the bears hold an absolute position! 2. The entire triangular shape is nearing its end, meaning we are about to enter a turning point at the beginning of April, so everyone should manage their risk well.
3. Trump's tariffs will take effect on Wednesday, which is expected to be a significant bearish factor, so a downward spike is likely, and strict control should be maintained!
4. Remember that the natural law is that the extreme of yin is yang, and the extreme of yang is yin. Therefore, after a significant drop and spike, there will be a massive upward reversal, meaning that April and May are generally bullish. BTC will likely touch previous lows before rebounding, and in a worse scenario, it may drop to around 72,000, creating a long lower wick!
How to break the局:
1) First spot order position: 76,000 with 50% of the position, replenishment position: 73,000 with 50% of the position!
2) For contracts, wait for the bottom to stabilize before trading, temporarily set orders at 73,000 with a stop loss at 72,000!