Prices are gradually rising, mostly following our expected pattern. The day before yesterday, we mentioned seeing around 69,300, and this morning it just started to pull back from that level. Currently, there’s no suitable entry point for short-term trading; we’re waiting to see if a low point can be reached. As you all know, I am a strong bull, so we try not to touch the downside unless the position is particularly attractive for a small rebound. Long-term holding is not recommended.

From a technical structure perspective, based on volume-price relationship, the upward phase shows clear volume expansion, while the current pullback features decreasing volume, indicating that selling pressure has not spread despite high prices, and market sentiment remains dominated by bulls. Regarding moving averages, the short-term averages have formed a bullish alignment, and the price has consistently stayed above MA5, indicating the short-term trend remains solid. The MACD fast line has turned upward again after flattening, and the momentum bars are gradually increasing, further confirming the continued strength of the bulls’ second push.

Bitcoin trading suggestion: Expect a rise from 68,200 to 70,300#四月行情预测