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April 2nd, Thursday early morning BTC Silk Share: Short-term bullish, long-term bearish, rebound does not mean reversal!
BTC has shown a strong intraday rebound, with the 4-hour MACD forming a golden cross, indicating a clear short-term bullish intention. However, from a longer-term perspective, the downtrend has not yet reversed; moving averages are still in a bearish alignment, and the monthly chart continues to close with downward candles. The current market is more likely a technical rebound within a downtrend rather than a trend reversal. Therefore, the overall strategy remains to short on rebounds.
Trading suggestion:
Buy in the 69,300-69,700 range, short-term target 67,300
$BTC $ETH #加密市场普遍上涨 #特朗普释放停战信号