3.24 Morning Market Analysis

Last night, disturbed by breaking news, Bitcoin surged violently nearly 3000 points. Subsequently, it was proven that the news released was false, and Bitcoin pulled back after touching 71800. The short positions laid out by Lao Guo were successfully realized with stable profits secured. Friends who kept pace have already reaped substantial gains, with all relevant alerts already synced in real-time.

From a structural perspective, this round of surge is a news-driven anomalous movement, and the overall trend still maintains a bearish bias. The favorable news came abruptly, and after concentrated market emotion release, there is insufficient continuation. Short-term is likely to enter oscillation consolidation, requiring cautious operations.

Strategy-wise, maintain high shorting as the main approach, focus on monitoring the performance of key resistance levels above, avoid blindly chasing rallies, patiently wait for high-level entry opportunities, strictly control positions and risk, and respond steadily to fluctuations.

Operation Suggestions

Accumulate short positions in batches in the 71000-71500 zone, targeting around 69000-69500, with breakdown watching 68000