Crypto Circle Hong Jie 3.24 (Writing time 0:26) Today's Bitcoin (BTC) Latest Market Analysis and Trading Suggestions: #加密行情震荡 #Gate储备金报告 #Gate13周年全球庆典

Bitcoin is currently trading around 70300. Today's BTC market was influenced by the easing of US-Iran relations, with institutional capital flowing in triggering a reversal surge. The price surged close to the 72000 level, but evening K-line pulled back to near the EMA120 and EMA10 positions on the 1H chart. Hong Jie has already secured 1300 points profit on a real account short position. Currently, the BOLL three-track continues to maintain an uptrend, MACD green columns are in a weak consolidation phase, DIF and DEA showing weak convergence, KDJ three-lines sticky heading down approaching 70, RSI three-lines sticky maintaining an uptrend. This indicates a minor pullback in the short term. Hong Jie suggests focusing on the EMA30 and EMA120 support zone on the 1H chart for continued long entries. Upside, watch the day's high point and EMA250 plus upper rail dual resistance for short entries. Currently on the 4H chart, the BOLL channel has changed from a downtrend to a parallel channel, indicating the upside space has not been effectively expanded in the short term.

Today's Selling Points: ≥71500 light short, stop loss above 72300. Take profit 70500-69500. If breaks 69000 can continue to hold.

Today's Buying Points: ≤69500 light long, stop loss below 69000. Take profit 70500-71500. If breaks 72000-72300 can continue looking toward 73000 area.

Article review and push have delays. The above levels are for reference only. Please manage entry timing yourself, do proper risk management upon entry, and avoid over-leveraging! Thank you for reading!