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3.11 Morning Bitcoin Analysis:
The four-hour trend signals are clear. After touching the upper Bollinger Band, the price quickly retreated, with the previous bullish candles almost fully retraced. The bullish rebound momentum has been suppressed, and upward energy is clearly waning. The market rhythm has shifted, and the bears are regaining control. The short-term spike driven by external positive factors is just a pulse in the short term and has not changed the overall weak pattern.
Trading Suggestions
Bitcoin: Short between 70500-71300, target 68000
Altcoin: Short between 2055-2085, target 1980