3.14 Saturday BTC Suggestion

Last night saw fierce wash-out action with several thousand-point sharp fluctuations in both directions, mutual liquidations of longs and shorts, with opportunities and risks amplifying in parallel. The market completed a round of rapid chip exchange.

Saturday, as the market enters the weekend low-volume cycle, fund activity declines, overall characterized by narrow-range consolidation and volatility recovery, with poor risk-reward ratio. Priority should be given to rest and observation, preserving capital and energy as the core strategy.

Key Levels and Trading Ideas
• Upper Resistance: Focus on monitoring 71500 level, this position is a short-term dense trading zone and sentiment dividing line. If rebound encounters obvious resistance here with declining volume, can deploy short positions in batches with light positions, strictly controlling position size and stop-loss.

• Lower Support: Core focus on 70500 support effectiveness, if pullback stabilizes with strong buying support can do short longs; if it breaks and continues lower, bearish momentum will further release, next target is below the 70000 round number level.

Trading Reminders
Weekend action tends to produce false breakouts and narrow range grinding. Avoid chasing rallies or panic selling, avoid heavy position gambling, only enter on key level breakouts/stabilization, prioritize steady approach.
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