Greeks.live: Most traders are focusing on the $74000 to $76000 range as a potential downside target

星球日报|Mar 10, 2025 12:27
Odaily Planet Daily News: Adam, a macro researcher at Greeks.live, released an English community briefing, pointing out that the community generally holds a bearish attitude, and some people hope for a short-term rebound correction before continuing to decline. Most traders are focusing on the $74000 to $76000 range as a potential downside target, with some seeing $87000 as a resistance level. There is also a lot of discussion about the possible short squeeze market ahead of the upcoming CPI data release. Traders believe that the current market is experiencing a radical but orderly decline, with an expected target of $75000 consistent with the 365 day volume weighted average price.
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