Market Analysis

Still oscillating at high levels, waiting for boundaries to place trades
Bitcoin continues oscillating in the 70K range, neither breaking down nor breaking through, marking the third day of boring market action
For me, this remains unable to place trades, so I choose to stay on the sidelines with empty positions and observe
Small timeframe: 71700 resistance above, 74000 resistance, 66000 support below
Large timeframe: 78000-81000 bulls profit-taking zone above, 57000-60000 test new lows recovery zone below
Between the small timeframe boundaries, still unable to place trades
If forced to choose a direction, small timeframe currently appears more favorable for bulls (1H bull structure, CB positive premium, bearish but no decline, relatively resilient vs US stocks), but insufficient
Reasonable speculation: perhaps the small timeframe tests the 74 zone again then retreats, tests the 66 or 63 zone again, then tests the 78-81 zone at the end of March, then breaks down in April
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