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3.17 BTC Afternoon Market Analysis
Current Price 73957 | Bulls Dominate |
I. Fundamental Support
- Funding: BTC spot ETF continuous net inflows, institutional accumulation, high short liquidation ratio, limited selling pressure
- Technical: 4-hour moving averages in bullish alignment, holding MA7 (73500) firmly, MACD strong, RSI not overbought, intact uptrend structure
- Event: Market cautious before Fed decision, mainly oscillating upward, volatility manageable
II. Trend Classification
Short-term bullish momentum, dip-buying lows as core strategy; trading range before 19:00: 73200–75200
III. Execution Plan
- Dip-buy (preferred): Entry 73500–73800, targets 74500 → 75200
- Breakout chase: Volume breakout and hold 74500, targets 75000–75200
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