3.30 #BTC Trading Strategy

Currently, Bitcoin is fluctuating around 60,000, with the current price roughly between 66,200 and 66,800. From the market perspective, after an initial rebound and surge, there was no continuation, followed by a decline again, indicating that selling pressure above still exists. Overall, the market remains in a weak structure with oscillatory correction.
At this position, it is not a reversal trend,
but a consolidation phase after a decline,
the rhythm still leans bearish, and the rebound is more for shorting opportunities.

Today’s key focus zones:
Upper resistance: 66,800—67,200, strong resistance at 67,500—68,000;
Lower support: 66,000—65,500, strong support at 65,000—64,500.

Trading ideas:
If the price rebounds to the 66,800—67,200 zone and fails to break through or stabilize, consider a light short position,
watching first at 66,000—65,500, and if broken, then at around 65,000.
If the price tests 66,000—65,500 without breaking below and shows signs of stabilization, look for short-term long entries,
aiming for a rebound above 66,800.
The current intraday trading range is primarily between 65,500—67,200,
with short-term fluctuations around this range, but overall still weak.
If later 67,200 is regained and stabilized, there could be a short-term shift to strength;
but if 66,000 is broken again, it indicates continued bearishness, and the downside space will continue to open.

Summary:
Below 67,200, expect continued oscillation with a bearish bias; only if 66,000 holds can there be short-term rebound potential.