$BTC Bitcoin Market Analysis for March 29

As of March 29, BTC is priced at approximately $66,400, down about 2% over the past 24 hours, with a trading range of $65,500–$67,900. In the short term, influenced by rising U.S. Treasury yields, ETF capital outflows, and geopolitical risks, the market remains volatile and somewhat weak. Technical indicators show RSI neutral to slightly bearish, with $65,000 serving as a strong short-term support level. Key resistance levels are at $70,000–$72,000. Most institutions consider this a normal correction, with institutional support in the $65,000–$68,000 range. In terms of trading strategy, maintain a light position and observe; consider gradually accumulating on dips near $65,000, and reduce holdings if the price rebounds above $70,000, while strictly managing risk.