3.10 Bitcoin & Altcoins Morning Outlook

Yesterday, Bitcoin and altcoins experienced a rapid surge driven by sentiment and news, but overall, no effective breakout was formed, and key resistance above remains firmly in place.
On the four-hour chart, the price rallied to touch the upper Bollinger Band but quickly encountered resistance. A single medium-length bearish candle immediately retraced most of the gains, breaking the short-term bullish momentum.

Based on the current four-hour structure, the market is reverting to a bearish dominant trend.
Yesterday’s rebound was mainly driven by emotional impulses from external news, not a genuine trend reversal. As positive news is gradually digested and funds return to rationality, the bearish force is expected to regain control of the market.

Overall, the structure shows clear resistance above, with insufficient rebound sustainability. This upward movement is more of a technical correction within a downtrend.
The bearish main theme remains unchanged, and further pullbacks are still the most probable direction.

Personal Strategy Reference

• Bitcoin: 69,200–70,000 zone, staggered short entries
Target: 68,000, if broken, look at 66,000–65,000

• Altcoins: 2020–2050 zone, staggered short entries
Target: 1950, if broken, look at 1880#微策略再砸12.8亿美元增持BTC