Cryptocurrency Red Sister 3.20 (Writing time 0:34) Latest Bitcoin (BTC) Market Analysis and Trading Suggestions Today: #Gate13周年全球庆典 #TradFi首创多倍杠杆 #美联储维持利率不变

Bitcoin is currently trading near 69400. Tonight's market has broken below the BOLL mid-rail support level on the 1-day chart and the 69000 level again. The K-line is continuing downward approaching the MA30 moving average position, forming a relatively obvious bearish sentiment. The green columns in MACD are showing persistent volume contraction signals. The DIF and DEA convergence pattern continues to evolve. The J value in the KDJ three-line is heading towards oversold territory. RSI three-line is converging downward approaching 38, indicating that the downside space is not yet complete. Red Sister suggests focusing on whether the MA200 and MA240 key support levels on the 4H chart can break down a second time, and entering longs below 68000 support zone. For upside, it's suggested to focus on the mid-rail resistance in the 1H short-term chart to enter shorts!

Today's Short Points: ≥70500 light short, stop loss above 71200. Take profit at 69500-68800-68000. If 67500 breaks, can continue to hold.

Today's Long Points: ≤68000 light long, stop loss below 67400. Take profit at 68900-69500-70400. If 71000-71500 breaks, can continue to look higher.

Article review and distribution have delays. The above price levels are suggestions for reference only. Please time your entries and exits yourself. Make sure to implement risk management when entering positions, and do not over-leverage! Thank you for reading!