March 18 Afternoon Bitcoin Analysis: Top-sided Pattern, Bears Leading Downtrend



Consistent with what I mentioned this morning, there's been minimal volatility overall today. Currently, Bitcoin's high-level inflection point is clear, with top-forming signals continuously emerging. Coin price has initiated a cyclical adjustment, with the downward channel gradually opening up and short-term bulls lacking the strength to mount a counter-attack. 74,000 only shows weak rebound pullback, with uptrend structure damaged and rebound momentum fading; downside space remains.

Batch shorts at 74,800-75,200, targeting 72,800
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BTC0.05%
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