2026-04-02 05:29:19

Yesterday, relying on the lower boundary of the previous oscillation upward channel at 69K, a short position was established after resistance, and today it retreated as expected;

Price rebounded to touch the lower trendline and was pressured to pull back. After breaking through, it accelerated downward.

66K now acts as support, which is expected to be a weak rebound, and subsequent declines may still increase in volume again.

On Friday, there is the major non-farm payroll report, and next week will see CPI data (with strong bearish expectations), maintaining an overall high-altitude trading mindset.

For the rebound: watch 68K for signs of resistance and consider opening short positions accordingly; if it breaks strongly, then defend 69.5–70K and look for opportunities to add to shorts.

Short-term long positions are only reserved for key support: consider re-evaluating if it stabilizes above 62.6K. $BTC

BTC-3%

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