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【April 1】Bitcoin / Altcoin Market Strategy Analysis
Bitcoin Four-Hour Chart: Bollinger Bands are starting to open upward, indicating the momentum is tilting toward the bulls. Yesterday, the price dipped to the lower band and formed a long lower shadow, then moved sideways with small steps, finally breaking above the upper band with a strong bullish candle. This pattern suggests that the bulls are about to gain strength.
Altcoin Daily Chart: The price has stabilized above the MA20, with MA30 and MA60 supporting from below. The MACD green bars are continuously shrinking, indicating a significant decline in downside momentum, and a bullish reversal signal is already visible.
Four-Hour Level: The price has broken through MA20 and MA30, and is holding above MA60. The MACD has formed a golden cross with increasing red bars, and the middle Bollinger Band support is strong. The price is now operating above the upper band, indicating a clear short-term bullish trend.
The downward move is nearly exhausted, and the next phase is a consolidation and rebound cycle heading north. The price is expected to challenge the 2200 level. Previously bearish, now the outlook has shifted. The weak are stuck in internal conflicts over right and wrong, while the strong focus on solving problems to break through.
April 1 Bitcoin Trading Strategy:
Buy near 67,300 with protection at 66,600, target around 68,800
Sell near 69,000 with protection at 69,200, target around 67,700
April 1 Altcoin Trading Strategy:
Sell near 2,175 with protection at 2,210, target around 2,115
Buy near 2,070 with protection at 2,050, target around 2,145