March 10th Bitcoin Midday Public Strategy

A large bullish candlestick breakout followed by a small bearish retracement structure at a high level on the 15-minute chart. The body of the large bullish candlestick has not been broken, and trading volume significantly increased during the breakout phase and contracted during the retracement, indicating that the bulls still hold the dominant position.

MA moving averages are arranged in a bullish alignment, with the price staying above the moving averages. After the MACD golden cross, the red histogram slightly narrows, showing that bullish momentum temporarily weakens but no death cross signal appears. The short-term trend remains bullish.

Operation suggestion: Pull back to around 69,000 to set up a long position, targeting 70,500-71,500.