4.4 Morning Analysis

From the current market structure, Bitcoin's four-hour chart shows continuous strong resistance around 67,200. Multiple attempts to break through have failed to stabilize, indicating that selling pressure above remains significant. Currently, all moving averages across different timeframes are still in a converging and oscillating pattern. The MACD bullish momentum is gradually decreasing, and the rebound lacks sufficient continuation. Until a volume breakout occurs, the overall trend leans toward oscillating and pulling back after high-level resistance.

Therefore, the trading approach should focus on the range-bound structure! Trade within the 69,000-66,000 range—short at the top, buy at the dip. Take profits when the opportunity arises, avoid greed, and stay within the pattern.