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Trump’s approach of “regulation and negotiation” as a starting point has triggered intense fluctuations in global financial markets.
And Bitcoin, as one of the most active and widely recognized assets in the market, naturally bears the brunt first.
People who understand the big picture know this: fighting while negotiating is already a predetermined strategy. The goal has never changed; so-called negotiation is nothing more than buying time for the next round of games.
From a technical perspective, each rebound of the so-called “big pie” for now is essentially just a test of the downtrend line. Although the daily chart has shown a rebound this morning under the stimulus of positive news, the weekly level that truly determines direction has not yet seen any substantive change.
Therefore, this month I still maintain my assessment of a “black month.”
In terms of trading:
Keep placing sell orders around 72000
For the short term, first watch for a break below 70500, with further downside continuation
For the medium to long term, the major target remains focused on 55000 line #Gate广场四月发帖挑战 $BTC $ETH