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$BTC 4.11 Saturday and Sunday market outlook for the weekend
The market quickly turns to the weekend—first, I wish all trading partners a smooth weekend! Current price action is choppy, and sentiment continues to build. After the bulls flexed strength and pushed up last night, Bitcoin remains range-bound near the highs. Upward momentum is gradually weakening, and after the spike it becomes difficult to sustain the move. At the same time, the space for a pullback and retest downward is also limited, and the bull-bear standoff is trending toward balance.
The short-term resistance is 735, and the short-term support is 720. For the weekend, the market will most likely continue with a range-bound pattern; for now, we do not consider any one-direction trend. During the day, trade around the support/resistance range: sell into resistance and buy near support, place orders in batches at key points, and just keep position sizes tightly controlled while operating in line with the trend. #原油小幅上涨