April 2 Morning Bitcoin Analysis

Although the short-term market shows signs of recovery, the upward resistance has not been effectively broken through. Multiple attempts to push higher have failed to stabilize, making it unlikely to see a sustained bullish trend in the near term. Currently, the market is consolidating around the 68,000 level.
Today's overall strategy can focus on a rebound followed by short-selling:
• Key resistance zone around 68,500-69,500
If there is clear resistance in this area, consider gradually opening short positions;
If a strong and effective breakout occurs above this range, it could signal the start of a bull market.
• Key support zone around 68,000-67,000
If support holds effectively, consider gradually opening long positions.
The public Silk Road is for reference only; specific operations should follow real-time guidance. Market conditions change rapidly, and any fluctuations are to be managed independently.
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