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2026.3.9 Market Analysis:
BTC: Bitcoin strongly retested 65,500, with the consolidation phase extending. The focus for a rebound is on the resistance levels at 69,200-69,500. Watch for a pullback around 67,000-75,000.
ETH: The overhead resistance for ETH is at 2,035, with key support levels at 1,958-1,973.
Summary: As long as there is no solid breakout or breakdown, the strategy is to trade within the consolidation range, going short at the top and long at the bottom. Wait for confirmation signals on the right side to enter long positions; for longs, wait for a pullback. It is not recommended to chase longs here.
Order 1: Short BTC at 69,200, take profit at 68,800. Expect mainly a pullback during the late night.