3.18 Evening Bitcoin Analysis: Short Trend Established and Continuing Before Fed Decision

Did everyone enjoy that recent sell-off? Let's see what comes next!

From a technical structure perspective, the resistance level from the earlier consolidation range has transformed into the current support for the short-term decline, forming a typical top-to-bottom reversal pattern.

75000 will become a strong resistance area for bullish rebounds. When the rebound touches this range, it will face pressure and decline again. However, currently, bulls lack counter-attack momentum, and the one-sided downtrend is evident.

Enter shorts at 73800-74500, with target at 66600! #Gate13周年全球庆典