3.7 Bitcoin Morning Market Analysis

From the 15-minute K-line chart, after surging to 71158.0, it started a slight downward correction, with the lowest touching 67707.2, then entered a low-range consolidation and recovery phase. The current quote is 68180.1.

Bollinger Bands indicator:
Upper band: 68458.7
Middle band: 68164.3
Lower band: 67869.9
Currently operating close to the middle band, with Bollinger Bands narrowing overall, indicating reduced short-term volatility and a brief period of balance.

Trend structure:
Price repeatedly fluctuates within the 67700-68500 range, with short-term strong support at 67700 below and direct resistance at 68458 (Bollinger upper band) above. The moving average system remains in a bullish alignment; when the price rebounds near the middle band, it encounters resistance, suggesting that short-term bullish momentum has not fully recovered, and the overall weak pattern remains unchanged.

Major trend judgment: In the short term, the trend remains mainly oscillating and weak. Trading should prioritize buying on dips and watching for potential support breaks below.

Operational suggestions:
Entry zone: 68800 - 69300
Target: 67800 - 67500. If it breaks below 67700, further look at 67000→66600#美伊局势影响 #美伊局势影响