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The better-than-expected non-farm payrolls data reinforced expectations of the Federal Reserve maintaining high interest rates, causing the US dollar to strengthen and suppress cryptocurrencies. However, the US stock market opened higher, creating a tug-of-war. Bitcoin showed high-level consolidation and a pullback rather than a sharp decline, so beware of a secondary drop caused by the US stocks' initial rise followed by decline.
After the 69,300 resistance level was pressured, the candlestick continued to close lower, with bulls unable to mount a rebound. The large-scale bearish trend remains unchanged; a rebound is a good opportunity to short! The short-term support is at 68,100. If broken, it will open a new downward space. The strategy remains firmly focused on shorting at high levels! $BTC $ETH #四月行情预测