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4.20 Bitcoin Market Review Summary
Today's core idea:
Today's trading focus is around the 74,000-76,000 range, adopting a high sell and low buy strategy. If the price effectively breaks through this range, follow the trend to go long or short. The evening session showed abnormal volatility, with bulls and bears repeatedly probing and washing out stops, but the key support and resistance zones remain valid. You can proceed according to the original range strategy.
The current market is significantly driven by news, so it’s essential to closely monitor related developments. The positions of the US and Iran remain divergent, and future negotiations will directly impact the market. Always set strict stop-loss orders to prevent sharp needle-like fluctuations from causing liquidation risks.
The large, medium, and small tier rebalancing plans are steadily progressing. Whether adopting a conservative or aggressive approach, the one with gains is the correct strategy. Everyone’s position situation varies, and I will tailor more professional and suitable trading plans based on your actual circumstances.
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