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April 2 Morning Bitcoin Analysis
Although the short-term market has shown some recovery, the upward resistance has not been effectively broken through. Multiple attempts to push higher have failed to stabilize, making it unlikely to see a significant bullish trend in the near term. Currently, the market is consolidating around the 68,000 level.
The overall strategy for today can focus on a rebound followed by short-selling:
• Pay close attention to the resistance zone around 68,500-69,500
If there is clear resistance in this area, consider gradually shorting in batches;
If a strong and effective breakout occurs above this range, it could signal the start of a bull market.
• Focus on the support zone around 68,000-67,000
If the support holds effectively