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Based on the four-hour candlestick trend, a large bullish candle at midnight yesterday directly reclaimed the losses from the previous three days, forming a clear bullish engulfing reversal pattern, and the price also successfully broke above the previous key resistance level of 70332.
Next, the key is to watch whether the price can hold steady at the 72000 resistance level on the four-hour timeframe: if it can effectively break through and hold, you can continue to look higher toward 73000; if it meets selling pressure and pulls back at this level, it will most likely continue to trade in a range-bound pattern.
In terms of strategy, it is recommended to follow the current trend, and overall maintain a long (bullish) outlook at this stage.
Friendly reminder: Trading in virtual currencies is not protected by law in our country, price volatility risk is extremely high, and it can easily lead to financial loss—please treat it with caution. #Gate广场四月发帖挑战 #加密市场回升 #黄金白银走高 #特朗普同意停火两周 #WTI原油暴跌