Market laws, twists and turns, cycles of change, inner cultivation, external practice, the road ahead is long. Doubt can filter risks, but it can also lead to missed opportunities. To seize opportunities, one must be brave enough to try. Different attitudes towards life yield different results. Without great ambitions, even with the help of influential people, one will ultimately achieve little. Countless difficulties are not insurmountable. The success story of an investor is actually a history of learning and growth. Through hardships and beautiful scenery, do not forget the original intention, and you will eventually succeed.

2024.3.4 BTC———————

The daily chart of Bitcoin is still in a high consolidation phase of the bullish trend. The weekend can be considered a buffering period. This indirectly indicates that although the cryptocurrency market claims to operate 24/7, there is still some rest time before the weekend. This may be an unspoken agreement among major players in the market. Overall, the four-hour technical indicators tend towards bearish, with the MACD bearish volume continuing to shrink. However, the price has not continued to decline much. Currently, the KDJ bottom has a golden cross opening, and the price has once again approached around 62000. Qin Chuan's viewpoint remains unchanged. It is recommended to pay attention to the range of 60300-60500 for setting up long positions, and then create a defensive space of three to five hundred points. For more aggressive traders, entering the market directly at the 61000-61200 pullback is suggested. We will observe a breakthrough situation in the early trading on Monday, and Qin Chuan will provide real-time layout and handling for the actual trading team.

This article is exclusively created by senior analyst Qin Chuan, who has been researching Bitcoin, Ethereum, contracts, spot, gold, forex, stocks, and other investment fields for many years. Currently, he mainly guides contract operations, with a solid theoretical foundation and practical experience. He excels in combining technical and fundamental analysis, emphasizes on capital management and risk control, and has a steady and decisive operating style. He is widely recognized by investment friends for his amiable and responsible character, as well as his sharp and decisive operations. For more real-time investment strategies, trading techniques, operational skills, and knowledge about candlestick charts, follow the public account: Zhao Qin Chuan.

Disclaimer: The above analysis represents the author's personal views and does not constitute specific operational advice. Any operations based on this are at your own risk. Investment carries risks, so enter the market cautiously.

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