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4.6 Morning Market Analysis
Bitcoin surged aggressively yesterday, starting from the low of 66,572 and pushing up to a high of 69,568. The large bullish candle directly broke through the previous consolidation range of 67,500-68,000. In the short term, bullish momentum has completely erupted. In my view, the foundation of the major-level bearish trend remains unchanged, and rebounds are still an opportunity to short! 70,000-75,000 is a strong short-term resistance zone. The market is moving in sync with Ether, and the thinking remains mainly to short at highs, with low buys as a supplement!
Trading Suggestions
Bitcoin: Short around 70,000-75,000; first look at 68,000√. If it breaks through, then continue to watch 67,000$ETH $BTC