Friday, 4.3, strong support below, continue to buy on dips



Affected by the dual pressures of Middle Eastern geopolitical tensions and expectations of tightening macro liquidity, the market is showing a "weak oscillation along the lower end of the range." Yesterday, the price dipped to around 65,600 and then rebounded. Currently, it is trading around 66,700. After a low-volume long position was swept out during midday, a bullish outlook was again suggested at lower levels, and the market ultimately reversed. The losses incurred earlier have been recovered as expected. The support below is now clearly strong; previous rebounds around 65,000 indicate that after touching this level again, the market reversed once more. It can be confirmed that the lower support is strong. In terms of strategy, continue to focus on buying on dips.

On Friday morning, it is recommended to buy Bitcoin around 66,000-65,500, with targets at 68,000-69,000.
BTC0,68%
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