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Friday morning BTC/ETH Market Update on April 3rd
From the daily chart perspective, Bitcoin closed with a medium-length bearish candle yesterday, and today shows a doji pattern indicating consolidation. The previous rebound failed to break back into the upward channel, so the short-term downtrend on the daily chart remains intact. On the four-hour chart, Bitcoin is in a low-range consolidation within a downtrend. The key resistance level around 67,400 remains critical; it is the area where the previous rally failed to stabilize and will determine whether the consolidation can extend upward. Support below is around 66,000; as long as this level is not broken convincingly, the correction after the high-level consolidation will continue. If the market cannot break through the 68,000 key resistance, the bearish trend remains unchanged, and traders can wait for further volume-driven declines.
Trading Suggestions:
Bitcoin: Range trading between 67,300-67,700, target 64,500
Altcoin (possibly referring to ETH): Range trading between 2,070-2,090, target 1,950
$ETH $BTC #加密市场行情震荡 #美以伊战事停火预期增强 #贵金属承压回落