Crypto Circle Mr. Coin: 2.27 Bitcoin (BTC)) Market Analysis and Reference Price has already broken through the upper resistance area. The current trend is approaching the 68,000 level, but multiple attempts to break through have failed. The focus moving forward is on whether this area can be broken. If it can stabilize and break through, there is a possibility of further testing the 69,000 resistance zone. Conversely, if it cannot break through for a long time, there is a short-term risk of a pullback to the 66,000 level. Therefore, it is not recommended to blindly chase longs before a breakout.

On the 4-hour chart, recent long lower shadows indicate a bottom at around 66,000, followed by a quick rebound. Buying pressure at low levels is strong. The current price has broken above the previous high of 68,216.8 and then retreated to test the short-term support at 67,000.

On the daily chart, three consecutive days of bullish closes and a position above the EMA7 (67,156) are observed, but there is strong resistance at 69,215 (EMA120). Short-term may enter a consolidation phase.

From technical indicators: on the 4-hour chart, DIF (441) crosses above DEA (249) with increasing histogram bars; EMA7 (67,615) crosses above EMA30 (66,853), but the price remains below EMA120 (69,215), showing a short-term bullish pattern with some hesitation. On the daily chart, MACD remains below the zero line but shows a golden cross, indicating a relatively weak trend. Overall, the current movement is still a wide-range consolidation, with resistance at around 69,200 and support at 66,000. Until a breakout occurs, avoid chasing highs or selling lows.

2.27 Bitcoin short-term reference:
Shorts in the 68,000-69,300 range, with a stop loss at 71,500, and a 500-point stop loss. Target below 67,000, with a long position in the 65,500-66,500 range, targeting above 67,500, with a 500-point stop loss.