# 大饼

Big Cake 4.4 Morning Market Analysis and Reference Strategy:
On the Bitcoin four-hour timeframe, the 67,200 area has become a strong resistance zone. Multiple attempts to break upward have failed and returned, and sell pressure above is evident.
At present, the moving averages are sticking together and consolidating in a range, while the MACD bullish momentum continues to weaken, and rebound strength is insufficient.
Before a breakout with increased volume, the overall outlook remains under pressure at high levels, with a pattern of consolidation followed by a pullback.

📌 Trading Strategy:

Did you all get trapped today?
Lucky I canceled all my long positions before bed last night. This morning after the waterfall, I went long on the rebound, then shorted at the 2120 level and took profit now. Just opened a Bitcoin long position, will stop loss if it breaks the level, to prevent getting trapped $BTC $ETH #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡 #大饼

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Today's #大饼 $BTC Market Analysis: Currently, the volume has decreased in the green box area, and the short-term rebound is happening. Personally, I still have a bearish outlook (not yet at the bottom, with 80% of my short position remaining at 73,700). The price level within the green box is very critical. My personal view is that it may still fall further, but if the bulls volume breaks through the green box and can hold steady, I will close my position and exit.