4-hour BTC Analysis:

With the easing of geopolitical tensions and the trend of some major players buying at low prices, the US stock market rebounded after experiencing a sharp decline, and the cryptocurrency market also rebounded along with the US stock market.

Yesterday, after the breakthrough of the previous high point at 66200 on the 4-hour timeframe that the master has been tracking, there was further upward movement, turning the resistance at 66200 into support. Therefore, the master still maintains a bullish outlook for the day.

The first resistance level to watch for during the day is 66800, and the second resistance level is 67150. Currently, it seems more likely to break through the first resistance level, as the price has already risen above the 120EMA moving average on the 4-hour timeframe in the morning. Therefore, I am more optimistic about the price breaking through the 67000 resistance during the day.

The first support level during the day is at 66200, and the second support level is at 65800. We can consider the first support level as a key support because 66200 is the previous high point on the 4-hour timeframe. If it breaks through, I believe there may be further decline in the short term. However, if the candlestick forms a lower shadow, we can consider another rebound near the second support level.

After confirming 66200 as the key support level, everyone can pay attention to the changes in the 120EMA moving average on the 4-hour timeframe.

In today's trading, the indicators show an increase in buying volume. Therefore, the master suggests not to rush to enter long positions in the bullish area, but to wait for a pullback before entering long positions.

4.23 Master's Short-term Limit Orders:

First entry reference for long position: 66247

Second entry reference for long position: 65249

Third entry reference for long position: 65779

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