$BTC 6 On March 3rd, the boss's market analysis: Last night, the price dipped to the 67,100 support level and maintained a weak consolidation. The market couldn't reach the 66,500 secondary reference point; it opened today at 67,300. After opening, it faced pressure and gradually retraced, with an intraday low testing the 66,100 line. After effectively breaking through the crucial 66,500 level, the market plummeted with increased volume, and the decline expanded further. Once the drop ended, we saw a short-term technical rebound.
From a technical standpoint, the Bollinger Bands are opening downward continuously, with price running along the lower band. The middle band is exerting strong resistance on the rebound, and overall, the bearish structure of the market remains intact.
Key levels to watch: short-term support around 65,200, resistance on the rebound looking towards the 69,300 range.
#BitcoinSlidesTo$67000
From a technical standpoint, the Bollinger Bands are opening downward continuously, with price running along the lower band. The middle band is exerting strong resistance on the rebound, and overall, the bearish structure of the market remains intact.
Key levels to watch: short-term support around 65,200, resistance on the rebound looking towards the 69,300 range.
#BitcoinSlidesTo$67000