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Monday Jingyi's Operational Analysis
A new week, new opportunities, and new challenges begin! From the 4-hour level, consecutive bearish candles have declined from 68814 to 67959, with a clear short-term downtrend channel. Key support at 67300 (previous low) has been tested, current rebounds lack volume and haven't formed a reversal pattern, merely a technical bounce.
On the daily chart, the major bearish candle on March 19th formed a top pattern, and over the following three days, the bulls failed to touch the 71077 high, showing a lower high pullback with clearly exhausted upside momentum.
Overall weekly top divergence, daily top formation, 4-hour downtrend channel + low-volume rebound, all moving averages broken through, center of gravity continuing to shift lower, trend appearing weak. Bears should wait for rebounds to resistance zones and continue planning high shorts.
Operational Suggestions
BTC: Arrange shorts in the 685-692 range, targeting 675-660-650
The above represents personal views for reference only. Specific operations should be guided by Shipan.
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