Monday Morning Jing Yi Trading Strategy Analysis

In the early hours, Bitcoin completed a key reversal near 67,300. The bulls launched a strong rally, soaring straight to a high of 69,1, with a nearly 2,000-point increase in a single move. Technically, this upward move successfully broke through the 672-678 consolidation zone. On the 4-hour chart, consecutive bullish candlesticks indicate strong bullish momentum.

On the daily chart, the price has returned above the short-term moving averages. The MACD is showing an initial golden cross near the zero line, with the red histogram continuing to expand. If trading volume supports, the price is likely to move higher. The previous minor high at 685 has been quickly surpassed, opening up more space above. Short-term support has shifted up to the 680-682 range.

As long as the pullback does not break this support, the bullish structure remains intact, and there is potential to test the 695 resistance zone. It is recommended to buy on dips and follow the trend for long positions. #Gate广场四月发帖挑战