Toothless

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Bitcoin is currently supported at 70,500 and is consolidating sideways. It is unclear whether it will move downward to find support levels or break out of a triangle pattern; the outcome should become clear tomorrow. If it rises above 72,550 and then dips back without breaking that level, only reaching the gap, it would indicate a triangle breakout. If it repeatedly breaks new lows and drops roughly 1,000 USD in a downward channel to find support, then from a weekly K-line perspective, the extreme support level would be 65,900.
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#比特币 The market sentiment is too weak. Long positions above 70500 have significantly increased risk. Patiently wait for the price to break above 72550. If we see a squeeze rally or fail to break above 62550, a pullback to 65900 presents a good opportunity for the week. Looking at longer timeframes provides a more stable macro perspective.
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Currently, Bitcoin will complete its directional choice within the 70,500-72,500 range. If it holds support around 70,500 and breaks through to firmly establish above 72,500, the squeeze-up momentum will continue, targeting the 60-day moving average at the daily level, which is currently around 77,000. However, if it fails to hold 72,500 and forms a bottom at this level, the market shows weakness and will enter a deep pullback, progressively testing key support levels at 69,000 and potentially dropping to around 65,900 in one move.
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#加密市场上涨 Bitcoin's top movement has been quite aggressive, moving in one direction very persistently, and has reached the initial target level of 73500. For the current new week, the key levels are 72000---65900. If it fails to hold 72000, it could trigger a deep correction. Key levels to watch are 69000 and 72000.
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Brothers who went short around 71,500–72,000, withdraw first around 70,800. There may be a sudden drop tonight, but it might not break the dead cross.
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#比特币 This is a box-type squeeze breakout with a flash gap fill pattern, which is highly challenging. Try to have more gaps, and avoid shorting lightly when bearish.
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Strategy reference, can look for shorting opportunities down to the 65,900 level.
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Bitcoin is currently attempting to break through the major range box boundary at 72,000, while also forming a short-term top. Sell on rallies; you can appropriately establish light short positions between 71,500-72,000. After all, from the weekly chart perspective, the key level is around 65,900. If the breakout fails at this position, it will pull back at least to 67,000 in one step, then verify a bottom divergence around 65,900.
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#比特币 continues flashing crashes.
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$BTC Bitcoin this is an attempt to break through the consolidation pattern
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Since the US-Iran conflict, Bitcoin has outperformed gold and the Nasdaq. Bitcoin (+7%) has outperformed gold (-2%) and the Nasdaq 100 index (-0.5%). Compared to similar large high-risk assets, Bitcoin has performed best against the backdrop of soaring oil and gas energy prices.
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#PEPE PEPE is in line with the analysis; the wave is halfway complete. If this wave is confirmed, a one-sided violent surge will occur.
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RoseAfterTheRainvip:
Wishing you great wealth in the Year of the Horse 🐴
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#比特币 From a time window perspective, Bitcoin has once again tested the 69,000 support level, but left-side entry is not recommended. After all, there is a key level at 65,900 below, and we need to prevent a move down to 65,900.
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#快讯 Hong Kong's first batch of stablecoin issuer licenses may be announced soon, with Standard Chartered, HSBC, and OSL reportedly shortlisted
On March 12, according to Sing Tao Headlines, the list of the first batch of stablecoin issuer licenses in Hong Kong may be announced this month. Sources say that Standard Chartered, HSBC, and licensed virtual asset trading platform OSL are among the initial shortlisted candidates, with the announcement possibly as early as next week, though the list remains subject to change. Initially, about five institutions were considered, but the final list may be
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#比特币 Bitcoin has entered a consolidation range, temporarily unable to return to the larger oscillation range. Shorting is not recommended. The key support level for the current consolidation is 69,000, which tests the validity of the 70,000 breakout. Additionally, from a longer-term perspective, the validation point at 65,900 still exists. The prerequisite is to first break the support level at 69,000. It is also possible that during this sideways movement, underperforming altcoins like PEPE may experience a rotation rally.
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#比特币 Bitcoin is currently at the extreme pressure point of the large-range consolidation around 72,000, and has not yet broken out of the consolidation zone. Based on the current market situation, the key entry point is around 65,900. This level is the starting wave left by this gradual upward movement.
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Crude oil has plummeted, and gold affected by war news, as well as Bitcoin, are likely to be impacted, experiencing a rapid correction.
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A sharp decline is approaching; #黄金白银走高 65900 is a key level.
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#加密市场上涨 The market with slow gains and rapid declines, and large-range fluctuations are expected to continue for quite some time.
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# Bitcoin faces a new test, with 65,950 as a key support level, effectively continuing the upward trend. Quick dips, slow rise pace.
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