Crypto Coin Mr.: 3.22 Bitcoin (BTC) ) Market Analysis Reference - Based on the 4-hour level, after this decline, a K-line with a long lower shadow has formed, with obvious buying support at the 68237 position. Although the daily chart shows three consecutive red candles, the lower shadow of the latest K-line is also relatively long, indicating that as bears pushed downward, buying support began to emerge below, and the downward momentum has weakened. From a technical indicator perspective, both the 4-hour and daily MACD are still below the zero axis, but the histogram has already begun to contract, suggesting that bear power is exhausting, and there is a need for a technical rebound in the short term. The moving average system is still in a bearish alignment, with price trading below all EMA lines, but the current deviation has reached around 5%, with a short-term divergence rate that is relatively large. Technically, there is an expectation of upward correction. In terms of volume, after the earlier volume expansion decline on the 4-hour level, this rebound shows contraction, indicating that funds' willingness to chase highs is still weak, but at least bears haven't pushed down further. It's even more obvious on the daily level, with trading volume decreasing gradually over the past three days, transitioning from volume expansion decline to volume contraction stabilization, with selling pressure gradually easing. This is a positive signal. Overall, the 68237 support level is temporarily effective, bear momentum is weakening, and with the large deviation requiring correction, short-term likely will see a rebound wave. However, this rebound is currently still in a contracting volume state. Resistance level first to see if it can reestablish above the 4-hour EMA7 line; if it stabilizes, the rebound will have sustainability. See you tomorrow. Follow Coin Mr. to get real-time market analysis in real-time. 3.22 Bitcoin Short-term Reference: 68237 support, 74500 defense, 500-point stop loss, target 70000 below 68300-67300 range, target 69500 above, 500-point stop loss. Sending has delays. Strategy suggestions are for reference only. Markets change in an instant. Regardless of how confident your market judgment is, stop-profit and stop-loss must be set. Lock in profits for safety #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡 #创作者冲榜 $BTC $GT $ETH