3.6 Friday Morning Bitcoin Outlook The short-term rebound has still not shown signs of continuation. Last night, Bitcoin surged to 74,000 and then steadily declined, dropping to a low of 70,600. We maintained a bearish outlook throughout yesterday, and the overall gains were good. Currently, the price is fluctuating around 71,000. From the 4-hour chart perspective, the 74,000 level clearly acts as a resistance zone. When it can't break through, it gets pushed down. Although there was a rebound in the middle, the momentum was weak. Moving averages are already showing a bearish alignment, MACD has formed a death cross heading downward, and KDJ is also diverging downward. The small timeframes are mainly dominated by a bearish trend, and overall, there is still a possibility of further decline. Trading Strategy: Bitcoin: Short near 71,200—71,800 on rebounds, target 68,000—66,000 Altcoin: Short near 2,090—2,110, target 1,970.

Gold fluctuates and declines, with 5000 key support in today's non-farm report Yesterday, gold experienced a weak oscillation and decline, which aligns with my outlook. I didn't get a good shorting opportunity, but I entered a short at 5160. In the medium term, gold may continue to fall. The pattern has changed; the previous relentless bullish phase no longer exists. The U.S. attacking Iran is mainly to maintain dollar dominance, to better control oil and natural gas prices, as the U.S. is the world's largest exporter of crude oil and natural gas. With the strength of crude oil and the dollar, inflation concerns are rising. The Federal Reserve's rate cut cycle will likely decrease, which is undoubtedly negative for gold. Therefore, medium-term, gold can be positioned for a short. For today’s non-farm report, the main strategy is also to go short at high levels. Watch for resistance around 5130-40 for a bearish approach, with a stop loss at 5154. Key support levels are 5050/5000. If it breaks below 5000 again, the bearish momentum and selling sentiment will expand, potentially extending the decline to 4900/4850. Short around 5136, stop loss at 5154, take profit at 5050/5000 The above suggestions are for reference only; actual trading should be based on real-time operations. #GateforAI重磅上线 #加密市场上涨 #比特币创下近一月内新高