[Market Analysis on April 4, 2024]

[Opinion]: The market is going down as expected, but the downturn is not strong enough. At present, the short orders entered at 66800 yesterday have been taken profit-taking. In the short term, they can only be dealt with within the same day. I personally think that BTC will reach a better price for us to short. , approximately within the range of 67000-68000, you can pay attention to whether there is a short signal K line in this range.

【Operation method】:

BTC: short between 67000-68100, stop loss 69500

[Daily Level]: The bullish rebound is relatively weak, but the shorts’ volume energy has not been extended immediately. Find a better price to short!

[Hourly level]: The strong short K-line at the daily level did not continue to connect to the negative line, but closed a cross star, indicating that shorts do not want to break directly at this position, so they can find a higher price to short!

[Summary]: The short trend at the 1-hour and 4-hour levels has not ended yet. The high altitude is the main force, the high altitude is the main force, and the decline is not over yet! Retracement to 60000-61000 is just a matter of time

(Note: The purpose of posting this article is to exchange valuable opinions and views with everyone, accept all guidance, just to make more like-minded friends, welcome the valuable opinions and views left by Lao Tie)