4.1 Morning Bitcoin Brief: Geopolitical Tensions Normalize, Avoid Blindly Chasing Highs.



Yesterday morning, BTC dropped from 68,377, reaching a low of 65,938 in the evening. Oversold correction linked to US stock movements and positive news catalysts pushed it sharply higher to 68,600;

Yesterday morning, ETH fell from 2093 to 2011, then oscillated and rose overnight to around 2124.

Jingwen yesterday at noon took short positions on BTC at 67,850 and ETH at 2,070 for profit-taking; in the evening, opened large long positions at 66,380 and 2,025, successfully winning on both sides!

Currently, on the hourly chart, the key resistance level is around 69,000, with the midline at the MA60 between 68,000 and 68,200, and support raised to 66,000;

According to the indicator chart, bullish volume slightly weakens; on the 2-hour and 4-hour charts, recent large swings and increased volatility range suggest careful consideration when opening positions.

On the daily chart, I do not see bullish momentum reaching extremes, plus external geopolitical hot wars are ongoing. Oil prices have pulled back but remain high. During the daytime, a slight pullback is expected, with a strategy of shorting first and then going long!

BTC suggestion: Short near 68,000, add to short at 68,500, target 67,000–66,500;

ETH suggestion: Short near 2,100, add to short at 2,130, target 2,060–2,040.

No malicious guidance, just sharing ideas, adhering to community guidelines.
BTC1,17%
ETH2,89%
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