March 13 Friday Morning BTC Silk Road Share



From the current market perspective, the four-hour chart pattern continues to operate within a triangular range, with the bottom relying on the midline gradually moving up as support, and the high points also showing some elevation. Although each pullback is accompanied by long lower wicks that recover, the overall rebound has not formed an effective breakout, and the continuity after each surge is relatively weak, with limited volume release. Currently the triangular range is further converging, and short-term volatility space is narrowing. It is expected that the daytime session will mainly feature range-bound consolidation, with a new directional move emerging only after a range breakout. Operationally, before a clear breakout is confirmed, it is recommended to maintain a bearish outlook.

Operation Suggestions:
BTC pullback to 70800-71200 range, short positions, target 68000
ETH pullback to 2100-2120 range, short positions, target 1980
$BTC $ETH $SOL #Gate2月衍生品市场份额创新高
BTC2,63%
ETH3,33%
SOL3,86%
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