4.3 Morning Market Analysis

Bitcoin yesterday faced resistance from the high of 68,626 and declined in a single trend, with the lowest point reaching 65,653. It then oscillated and recovered at the low levels. After a weak open, the US stock market rebounded, and currently, it is fluctuating around 66,850. The current K-line shows a continued narrowing after the rebound, with bullish momentum only representing oversold recovery. The large-scale bearish trend remains unchanged, and the rebound is still an opportunity to short! The 67,200-67,500 range remains a strong short-term resistance. The "姨太" (second-tier coin) is moving in sync, and the strategy remains mainly to short at high levels, with low buys as a supplement.

Trading Suggestions

Bitcoin: Short around 67,000-67,500, first target 66,000√, if broken, then look at 65,000. If a strong rebound breaks through 67,500, go long accordingly, targeting 68,500-69,000✓.

"姨太": Short around 2,060-2,080, first target 2,030✓, if broken, then look at 2,000#Gate广场四月发帖挑战 $BTC $ETH .