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4.5 Evening Bitcoin Analysis
Bitcoin has continued to fluctuate and decline after facing resistance at the 2083 high. The bears are gradually gaining strength, with the price dropping to around 2026, indicating some bearish momentum has been released. Currently, the price stabilizes around 2042, and market sentiment is becoming more cautious, with selling pressure easing somewhat.
From the chart perspective, the price has retraced approximately 57 points from the high, with the 2025 area forming short-term support. Technical rebound demand is gradually increasing.
Bitcoin Trading Recommendations
Entry Zone: Buy in the 2035-2045 range, targeting 2050-2070
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