4.3 Market Outlook

Last night, our multi-coin strategy once again gained momentum, and this week's trading plan is also wrapping up early! Looking forward to seeing you next week!

Today, Bitcoin continued its short-term decline and consolidation, with moving averages exerting continuous resistance on the market. Funding rates and overall market sentiment remain bearish, with buying momentum from bulls being relatively weak. The high interest rate expectations from the Federal Reserve combined with geopolitical tensions have significantly suppressed risk asset sentiment, resulting in a generally weak and volatile market.

Key support and resistance levels: Short-term support at 66,500; if broken, likely to test 65,000. Resistance at 68,000; a volume breakout is needed to open the upside space, targeting 71,000.

Trading suggestions: Consider going long near 65,500 with a target around 68,000; if support at 66,000 is broken, consider shorting with a target around 65,000. Be cautious on Friday, strictly implement stop-loss strategies, and control position size and risk. #Gate广场四月发帖挑战 #加密市场行情震荡 #国际油价走高 #BTC #ETH