BTC Market Update and Forecast

Today is March 10th, and the BTC price is 69721. I have been running around for the past two days, and I have been a little slack on updating and finding coins. I will be able to settle down tomorrow.

Back to the market:

1. BTC is hovering near the previous high, holding on to the 5-day line (67770) and rising slowly, indicating that the market is still controlled by bulls, but the probability of a rapid rise after a breakthrough is unlikely to happen in the short term. It depends on whether it can stabilize after reaching a new high. .

2. The market has returned to a situation of rapid rotation of sectors. Yesterday, AI and today's blockchain games both started to blow out, and then fell back; in the true sense, only Meme and AI have experienced such bullish streaks. The reason is that they occur both in the rise of the big pie and in the big sectors that attract traffic. Therefore, in the short term, spot stocks should be on the selling side.

3. In terms of operation, we still have a big bull market mentality. On the whole, every correction now will reach a new high in the future, and large positions are mainly held; the continuous rise of the mid-line level will still need to be adjusted for several days, and the target is 69,000 to 90,000; the most difficult part of the bull market is It is to maximize the efficiency of funds. In addition to fixed positions, flexible funds must be used in hot spots every day. Be a scumbag and dare to eat and walk. As long as the big pie does not enter the main Shenglang, it will be stepped back.

4. Last month, I will make a forecast for this bull market cycle. I think it will end in the first quarter of next year. Based on the current pie of 70,000, a 150% increase has a high probability of 180,000 to 210,000 knives; so we don’t have time to change our destiny. There are too many, I hope you all will cherish them! ! #pepe #BTC #ETH

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