4.1 Morning Market Analysis

Trump announced that the Iran conflict will end within 2-3 weeks, and the risk aversion in the Middle East has completely cooled down. Bitcoin surged on sentiment to 68,575 before facing resistance and pulling back. Currently, the candlestick pattern shows a continuous narrowing after the rally, with dense upper shadows. Each rebound is quickly pushed back, and the bullish momentum has been completely exhausted. The large-scale bearish trend remains unchanged, and rebounds are still opportunities to short! The 68,500-69,000 range remains a strong short-term resistance, with 66,000 as short-term support. The "mistress" (a slang term for a secondary asset or indicator) moves in sync, and the strategy remains mainly to short high and buy low as a supplement!

Trading Suggestions

Bitcoin: Short around 68,500-69,000, target 67,000√, if broken, continue to watch 66,000
Mistress: Short around 2,120-2,140, first target 2,060√, if broken, look at 2,000