3.16 Monday, Sharp Morning Rally Is Not a Good Sign, Short First
A new week begins again, another beautiful day. Bitcoin surged in the morning and rushed up to around 73,200 again before facing selling pressure and pulling back. It is now running around 72,600. Recently, it has tested the upper resistance level multiple times but failed to break through effectively, showing that upper resistance is strong.
From the current chart pattern:
The daily line closed positive again, but the coin price remains under pressure near the upper band of the daily track. This is also a key resistance level wh
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