$BTC This Friday settlement, based on this week's performance, bulls have shown signs of entering the market, so Q2 will mainly focus on short-term longs. As previously emphasized repeatedly, Bitcoin needs to at least rebound to around 83000 before considering opening short positions, because 83000 is a key Fibonacci 0.618 level. In this round of decline from 120000, theoretically it should pause near 0.618, but due to the excessive selling pressure from bears, an effective rebound was not formed. Now bears are entering a consolidation phase, and bulls will inevitably seize the opportunity to recapture this level, making 83000 a suitable entry point for short positions.


Altcoins have shown signs of recovery recently; those holding chips should patiently hold them steady.
$DOGE On the daily timeframe, MA5 has successfully crossed above MA30, and short-term rebound toward the 0.15 line is expected.
$BNB There is a high probability of returning to the 800 USD level before June.
BTC0,21%
DOGE-0,03%
BNB0,53%
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