[Analysis of the market on April 7, 2024]

[Viewpoint]: The market rose strongly and then rebounded relatively weakly, and then the second stage of strength was launched, and it stabilized above the high of 69,000, which is a strong performance of the bulls, so the views of the previous few days remain unchanged and continue to be bullish!

[Operation method]:

BTC: Continue to hold the long orders of 67,000, or go long at lows when the callback is made!

[Daily level]: The large-scale decline on April 2 formed a V-reverse structure, which is a strong performance of the bulls

[Hourly level]: The hourly level is also a V-reverse pattern and can be stabilized above the 68,500-69,000 line, and there is no short-selling momentum, which is also a strong performance of the bulls

[Summary]: Both the daily and hourly levels are strong performances, at least there is no sign of exhaustion of bullish momentum, and the large cycle is an upward trend, so going long has an advantage in terms of both winning rate and profit and loss ratio!

(Note: The purpose of posting is to exchange valuable opinions and views with everyone. I accept all suggestions and only want to make more like-minded friends. Welcome to leave your valuable opinions and views! $BTC