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On the morning of March 25th, Bitcoin BTC oscillated narrowly around the 70500-71500 range. Weak US stocks and stablecoin legislation headwinds suppressed risk appetite, preventing bulls from making aggressive moves. Overall, the trend remained consolidation with an upward bias.
From a technical perspective, the four-hour chart began to gradually rebound. After the hourly chart formed a doji, bulls stabilized and started to gain momentum. Currently, the price is still in an upward trend, and we can attempt low longs during the US trading session again.
Morning trading suggestions:
Bitcoin BTC 70500-70000 long, targeting 71800-72500 above
Ethereum ETH 2150-2110 long, targeting 2180-2220
The market is significantly affected by regulatory news and US stock linkage, with increased short-term volatility. Adopt a bullish bias with minimal action, focusing on range-bound strategies of selling highs and buying lows.