Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
3.10 Tuesday Morning Bitcoin Latest Strategy: Strong Resistance Above, Continue Shorting at High Levels
Yesterday, the market saw a bullish rebound, with Bitcoin oscillating upward and reaching around 69,500. It then faced slight resistance and pulled back slightly. Overnight, it tested that area again and faced resistance once more. The current bullish volume increase has temporarily slowed down.
From a technical perspective, the bulls are pushing higher with increased volume, opening up room for further gains in the short term. On the four-hour chart, after a series of consecutive bullish candles, the price faced resistance at the upper band and then pulled back with a bearish candle. The short-term Bollinger Bands are flat and moving forward. If the price moves higher again, focus on the 70,000 level for support and resistance. Until that level is broken, remain confident in short positions at high levels.
Refer to short positions around 69,000 and 69,500, with support levels at 67,000-66,000. $BTC