[April 6] Bitcoin / Altcoin Market Analysis and Strategy

Brothers, to be honest: Bitcoin right now is neither at the bottom nor at the top, just frustrating.

On the daily chart, all moving averages are pressing down, MACD green bars have shrunk but haven't crossed to a bullish signal, and RSI is lukewarm. The 66,000 level below is the support line; if it breaks, it will head lower. To really turn bullish, it must break above 68,000; otherwise, it's just a fake rebound.

On the 4-hour chart, it's bouncing back and forth between 66,500 and 68,000, like a headless fly. It was pushed back near 68,500. If 66,500 can't hold, it will continue to decline.

On the 1-hour chart, it just surged briefly and then flattened out. The MACD red bars are still shrinking, indicating bulls are losing momentum. 66,500 is the short-term lifeline; if it breaks, admit defeat.

The overall trend remains bearish, and the short-term rally is weak. Don't try to catch the bottom or top; just buy low and sell high within the range. Sell at resistance levels, buy at support levels, and use protective stops. Don't be greedy or stubborn—staying alive is more important than anything.

Bitcoin April 6 Trading Strategy:
1. Short near 69,500, protect at 72,500, target around 68,200
2. Long near 68,500, protect at 67,800, target around 71,000

Ethereum April 6 Trading Strategy:
1. Short near 2,130, protect at 2,170, target around 2,050
2. Long near 2,010, protect at 1,970, target around 2,070