4.2 Thursday Morning Market Analysis



Bitcoin 1-hour surge to 69,164.5 before a sharp pullback, the trend shifted from bullish to bearish, breaking below the Bollinger middle band and showing weak consolidation, with a lack of rebound strength.
The upper band at 69,044 provides strong resistance, with dense resistance zones between 68,400 and 69,000. KDJ is trending downward, indicating continued bearish momentum and a oscillating downward trend.
If the lower band at 67,889 is broken, the price may continue to decline, with short-term focus on shorting.

Trading Recommendations
BTC: Short at 68,600-69,100, target 66,600-67,100
ETH: Short at 2,150-2,170, target 2,020
BTC-3,4%
ETH-4,89%
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