Evening discussion

Monthly chart shows March closed with a dark cloud cover pattern, indicating a bearish trend; short-term resistance prevents breaking previous highs, and the next 3-4 months are expected to be mainly volatile, with a rebound likely only in August.
Trading strategy: accumulate on dips during major declines, reduce positions on rebounds, and avoid blindly expecting a breakout to the upside.

Weekly chart shows the price oscillating around the 5/10-week moving averages, with an estimated range of 4500-5000; sell on rallies, buy on sharp dips.
Market consensus is quite bearish, with most expecting further declines; be cautious of a potential reversal by the main players. As the May Day holiday approaches, it’s recommended to hold light or no positions during the festival.

The current decline is a “step back to move forward” slow erosion, using time to gain space. It’s not a sudden plunge but a coordinated move to form an arc top based on news factors.

Overall, the trend leans toward adjustment, but do not chase after declines or hold heavy short positions. $BTC $XAU $ETH #WCTC交易王PK