Today is March 8th, let's review the market trends. Yesterday, the 15-minute chart fluctuated around the yellow and red lines in the morning, with a slight upward trend starting at 15:00. At 22:00, it broke through the 67500 level we mentioned yesterday, but was instantly suppressed by the selling market. At this point, the candlestick formed a long needle, like a finger pointing upwards, indicating selling pressure above. In the early morning today, Bitcoin also tested the pressure near 68000 twice, but failed to break through. Currently, Bitcoin is trading around 66900. Therefore, the strategy for Bitcoin today remains the same: if it fails to hold above the previous high of 68100, which is also the crossover level on the 5-minute chart on March 5th, Bitcoin will likely continue to experience a consolidation trend. Based on this analysis, I also set up an ambush using the 15-minute yellow-blue strategy, and with the lines sticking together above the yellow line, fellow traders also made some small gains. We are constantly seeking opportunities in the changing market conditions. Here, I can share the yellow-blue strategy theory for free with everyone. With more practice, you can develop your own trading system. Since the theory is quite complex, I won't go into too much detail here. Those who need it can come and get it directly. After understanding the theory, you will gradually find corresponding patterns at various levels, thereby increasing the probability of winning.
Due to the fast-changing nature of short-term trends, I won't go into too much detail here. Okay, that's all for today's market. Good luck to everyone, and feel free to join the community. If there are any changes in the market, we will be the first to alert everyone in the community. Follow our official account: 伏击手记 (Ambush Notes).
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