March 4 Morning Bitcoin Analysis

The current market structure is clear, with a dominant bearish trend. The rebound momentum is weak, and the overall pattern remains in a weak oscillation. From a rhythm perspective, a technical rebound is highly likely today, but its strength will be limited, making it a weak rebound. Focus on timing entries and exits carefully, along with risk management.

Today's main trading theme: Short on rebounds, follow the trend.

• Resistance above: Pay close attention to the 69,000–70,000 range, which is a strong resistance zone. Watch for signs of resistance during the rebound.

• Support below: The first support level is around 67,000. If it breaks and stabilizes downward, look further toward below 66,000.

In terms of operation, avoid chasing orders or holding onto positions excessively. Rely on key level signals, trade with small positions in batches, and enforce strict risk control to secure profits steadily.
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