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April 10 Morning Bitcoin Analysis
The current bullish trend has resumed but upward momentum is slowing down. Due to multiple news disturbances, a trending one-sided market is unlikely to appear.
As the weekend approaches, market volatility is likely to narrow, so caution is advised in trading.
The key support levels are around 71,000-70,000. If support holds, consider gradually adding long positions;
The critical resistance levels are around 72,000-73,000. If resistance is significantly pressured, consider gradually adding short positions.
If the resistance zone is effectively broken, the upward space will further open.
Closely monitor news disturbances, strictly follow stop-loss rules, and prevent sudden market moves from breaking the current consolidation pattern.
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