3.11 Zhang Lihui: Bitcoin Market Analysis and Trading Suggestions:

Yesterday, Lihui mentioned that Bitcoin's rebound could be shorted if it fails to hold the 4-hour midline. After the U.S. stock market opened last night, there was another significant pullback. Lihui has lowered the entry point and adjusted the strategy to hold short positions. Everyone should have noticed that yesterday's market directly broke below the parallel support point of 81800, which means it could drop below 79500, and indeed it has! From the current situation, the sentiment has reached a peak, and the selling crisis is re-emerging. The so-called bear market seems to be unfolding, and the bearish pressure is becoming increasingly terrifying. Lihui advises everyone to remember to stay rational at this time; because the foundation for a bull market rebound must accumulate enough chips, and I hope you are not the one picking up the pieces at low levels, becoming fuel for the market! The recovery of a bull market requires a gradual accumulation of confidence and capital, rather than a sudden surge.

Last night, Bitcoin retraced to the 4-hour midline and faced resistance again. As the U.S. stock market opened, it fell sharply, breaking below yesterday's low and the daily EMA300 position. The current K-line continues to move down towards the daily MA300 position, and the lower Bollinger Band is also actively approaching this position. Therefore, today's target can first be set at the 76800 position. If entering a low long position, attention should also be paid to the support strength in this range. The high short entry point can still focus on the 4-hour midline position. As the three lines of the Bollinger Band move down, adjustments need to be made during the day. The failure of the second convergence of the fast and slow lines indicates that this short will continue, so the main theme is still to capture the rebound short, which is easier!

Today's trading suggestions from Lihui:

At 1:40 AM Beijing time on March 11, the suggestion is to lightly short in the 81500-82300 range, with a stop loss of 500 points; target at 80600-79500-78400; if breaking below 78300-78000, it can be held until below 77000;

For low-position trial long positions, attention can be paid to the support at the daily MA300 position, which is in the 77000-76500 range; the target can be set for long-term gradual reduction and profit-taking; specific entry opportunities can be based on Lihui's real-time notifications!

There may be delays in article review and push notifications, and the market changes rapidly. Specific entry opportunities must be combined with real-time operations, with real-time notifications as the standard. The suggested points in the article are for reference only; do not operate with heavy positions. Please set stop-loss and take-profit levels when entering, and take profits when favorable!

I, Lihui, interpret world economic news and analyze global cryptocurrency trends. During my studies in the U.S., I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. Friends who are not familiar with trading are welcome to comment and leave messages!

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This article is exclusively published by (WeChat Official Account: Zhang Lihui) for reference only, and the risk is borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges, and willing to explore. Just as "the road is long and has no ending, yet high and low I'll search with my will unbending," I hope we keep pace with the times, absorb wisdom, travel thousands of miles, weather storms, and gain insights into life.

May you, under Lihui's guidance, leverage strengths and avoid weaknesses, create value, and remember the market's baptism, staying true to your original intention. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and jointly compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance in this investment journey full of challenges and opportunities!

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