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"4.2 Market Analysis: The Market Is Gradually Clarifying, and the Bullish Market Is Coming Back."
Bitcoin has been holding for so many days, and it’s finally starting to break. This morning, it dropped sharply. Our community didn’t make any trades this week. Bitcoin was at 682, 689, 694; Ethereum at 2068, 2115, 2145—continuously shorting. We just don’t know if B friends can hold on. On the daily chart, as long as there’s no two-tier reversal today, the trend line here indicates that the challenge has failed again. If a consecutive decline occurs, it signals a potential trend reversal point, meaning a new downward trend may be coming. So if there’s a rebound in the next couple of days, it might be the last chance to open short positions.
$BTC Bitcoin’s resistance today is at 67,900 and 68,900. Normal resistance at 67,900 is typical for a pullback. The frustrating move would be a pullback from 68,900. Support below at 65,500; if there’s no rebound, watch out for a direct drop to support at 64,300.
$SOL If Solana breaks out of this box on the chart, support levels are at 75 and 73.7. Normal resistance today is at 83.2, which is typical for a pullback; higher resistance is at 85. Focus on these two levels for short positions.
$ETH Ethereum’s resistance is at 2118 and 2145, near these two levels. Support below is at 2010 and 1960. If 2010 doesn’t rebound, it’s quite risky, and a move down to the previous low near 1960 is very likely.
In summary, if there’s no major reversal in the next couple of days, seize the last opportunity to open short positions. After this wave of sharp decline, the market will likely consolidate for a while before the bear market ends. Only when the market is completely hopeless can hope be reborn! Follow Section Chief for daily market analysis and precise entry points. Long and short positions are for B friends’ reference only—strict stop-loss and take-profit are essential. #四月行情预测