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4.4 Evening Bitcoin Trading Strategy
Bitcoin today faced resistance after rising from a high of 67,046.1 and then oscillated downward, with the bears gradually gaining strength. The price dipped as low as 66,714.1, indicating some short-term bearish momentum has been released. Currently, the price has stabilized around 66,800, and market sentiment is becoming more cautious, with selling pressure easing.
From the chart perspective, the price retraced approximately 330 points from the high, with the 66,700 level forming short-term support. Technical rebound demand is gradually increasing. If the price can regain and stay above 67,000, it may further test resistance around 67,200 and 67,400.
Bitcoin Trading Recommendations
Entry Zone: Buy in the 66,700-66,900 range, targeting 67,000-67,400.