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4.13 Bitcoin Auntie’s Morning Thoughts
Monday morning trading is bearish—don’t hesitate too much. If the talks between the U.S. and Iran break down, and the geopolitical crisis is developing, then reigniting fighting again is only a matter of time!
On the hourly chart, the market maintains a choppy downward structure. Overall, it’s operating within a range-bound box, with wide-range oscillations and consolidation. In the short term, upward attempts are under pressure and failed to break through the top of the box—pullback and correction are an inevitable trend.
Personal suggestions
Bitcoin: 71,200–71,700 entry, target lower at 70,000, and if it breaks below, watch 68,000!
Auntie: 2,210–2,235 entry, target lower at 2,150, and if it breaks below, watch 2,100!