April 7 Morning BTC Reference


Currently, the bulls and bears are engaged in a fierce game of tug-of-war. The price keeps oscillating back and forth within a range. Although the bulls have repeatedly launched upward attacks, the sell pressure above is relatively heavy, and they have never been able to effectively break through. Now the price is in the middle of the range. If it cannot successfully break the resistance level, it will most likely continue to range and oscillate. It is not recommended to blindly chase an increase.
Intraday trading suggestions: Focus mainly on going long after a pullback followed by stabilization. Make sure to precisely control the entry and exit price points, and strictly control position size and capital risk.
Trading suggestion:
Buy on a pullback around 68000-68500
Target: 70000
$BTC #加密市场行情震荡
BTC-0,4%
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