April 4th Bitcoin Analysis


Over the weekend, the overall market activity was light, and the price movement remained within a narrow range, currently at a critical point for direction selection. Short-term technical signals are bearish, and market sentiment is generally cautious.

Key level references:

The first resistance above is around 66,900, with strong resistance near the intraday high of 67,300. Only with increased volume and a steady hold above this range can the bulls open further upward space.

The first support below is around 66,700, with strong support at the intraday low of 66,000. If volume increases and it breaks below this level, it is likely to trigger a short-term correction.

In terms of trading strategy, it is more suitable to buy low and sell high within the 66,500-67,000 range. Be sure to strictly set stop-losses, avoid blindly chasing orders or holding onto losing positions, and patiently wait for the market to give clear directional signals. $BTC $ETH $SOL #Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡 #国际油价走高 #SpaceXIPO冲刺2万亿美元估值
BTC0,42%
ETH-0,28%
SOL0,36%
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