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Market Analysis: #BTC (2026-3-26)
The circled area in the chart represents this period's bulls and bears nightmare zone. Although there are fluctuations, it extremely tests short-term trading skills.
In my view, we still need a relatively strong upward candlestick to break free from this consolidation range. A green bullish candle directly pushing up 📈 would then establish a downtrend.
Trading Strategy:
- Consider going long near 69900-70000 on dips (short-term trading)
- Short near 76000 for initial position (medium to long-term)