Morning Thoughts on April 1

Yesterday, the large pancake dropped to 961 before rebounding to around 990, which was a stronger rebound than expected. The current price is 979, with the 20-day line at 97300. It cannot yet be said that it has effectively stabilized above the 20-day line; at least three trading days are needed for confirmation.

The 1-hour MACD has already crossed bearish, initiating a short-term pullback, primarily bearish. The market makers may fake a breakout above the 20-day line to lure traders, so we need to observe whether it continues to drop below the 20-day line today and tomorrow, as the 20-day line is currently turning downwards.

The second pancake rebounded significantly yesterday, rising from 340 to around 360. This is the hawthorn head, and the volatility will be greater; the overall trend of the second pancake still synchronizes with the large pancake.

As for whether the large pancake can break through directly here, the probability is very low. The resistance near 100,000 remains significant, and the daily line needs to continue to pull back; this way, the pattern will be perfect. The time frame is still mid to late January, which is just two weeks away.

Specific arrangements should be based on actual market conditions. Attack public account: web3博彦#比特币走势观察 #比特币战略储备 #币安全球用户突破2.5亿 #BTC #ETH $BTC $ETH $XRP