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4.2 Evening Bitcoin Analysis
Bitcoin yesterday faced resistance from the high of 69,288 and continued to decline, with the bears increasing volume. The price bottomed out at around 66,171.8, fully releasing short-term bearish momentum. Currently, the price has stabilized above this low point, and market selling pressure has weakened. From the market perspective, the price retraced over 3,000 points from the high, forming a short-term support near 66,171.8, and the technical rebound demand has strengthened. If the price can hold above 66,500, it may further test the 66,800-67,200 range.
Bitcoin Trading Suggestions
Entry Range: Buy in the 66,200-66,400 zone, targeting 66,800-67,500