Bitcoin Market Analysis for the Fourth Week of April:

【Weekly Perspective】

Firstly, the red box area in the current weekly chart constitutes a significant resistance level.

This range has accumulated three months of trapped positions on the left side. Based on the existing technical indicators and fundamental situation, there are currently no conditions for a single breakthrough in the short term; it needs to undergo multiple oscillations and digestion before a breakthrough can be achieved.

Secondly, the key weekly support range is located at $65,200 - $73,600. As long as this support zone remains solid, Bitcoin is still expected to continue its upward trend and challenge the $110,000 mark.

This assessment has remained unchanged since it was proposed on March 10.