4.3 Friday Morning Market Analysis

Yesterday's market overall showed a unilateral downward trend, with Bitcoin facing resistance around 69,142 and falling back, with a low of 65,676. It slightly rebounded in the early morning, once again testing the 67,000 level.

Yesterday, Mu Feng's strategy was accurately executed, with a short position at the high of 69,000 and a long position at the low of 65,500 both hitting targets. Friends who followed the rhythm closely all gained substantial profits.

From the market chart, the price repeatedly tested the 67,000 level, attempting to stabilize and rebound, but each rally was met with strong resistance above, failing to establish a sustained upward move. This repeated pressure and inability to break through visually reflect that bullish momentum is weak, and bears are defending this area strongly.

Therefore, the subsequent operation remains biased towards a bearish outlook, with rebounds near key resistance used for short positions, following the medium-term oscillating downward pattern.

Trading Recommendations

Bitcoin: Short in batches around 67,300–67,800, targeting the 65,800–65,500 zone
Ethereum: Short in batches around 2,065–2,080, targeting the 2,000–1,980 zone