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Saturday Morning Jingyi Trading Strategy Analysis
From the current market layout, Bitcoin’s 4-hour timeframe shows a significant resistance level around 672, and a clear pressure zone has formed there. Multiple attempts to push higher have not been able to break through effectively, and selling pressure above is obvious. Currently, moving averages across all timeframes are showing a “sticking together” consolidation-and-oscillation pattern. MACD bullish momentum continues to fade, and rebound momentum is insufficient. Before a breakout with increased volume occurs, the market is likely to remain under pressure at high levels, with a pattern of consolidation followed by decline.
In terms of operations, follow the box-range approach: sell at the highs and buy at the lows within the 690-660 range. For short-term trades, move quickly in and out, and “take profits as you go,” without blindly holding positions to gamble on outcomes.
The above is my personal viewpoint, for reference only: #Gate广场四月发帖挑战