3.16 Market Review and Technical Analysis
Today's market reached the upper Bollinger Band at noon, followed by a sharp rally with a high near 73,700, then a brief pullback occurred; bulls attempted to break through key resistance again, the breakout failed, and prices entered a slow downward retracement rhythm, showing an overall pattern of rising then falling with range consolidation.
Market Analysis
Bitcoin pulled back to around 73,000 in the afternoon and encountered a small technical rebound, with the highest rebound reaching around 73,300. This rebound is a corrective move after being blo
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