Monday Jingyi Trading Analysis

A new week, new opportunities, and new challenges begin! From the 4-hour level, continuous bearish candles have declined from 68814 to 67959, with a clear short-term downtrend channel. The key support at 67300 (previous low) has been tested, current rebounds show low volume and have not formed an engulfing pattern, representing only technical pullback.

From the daily perspective, the large bearish candle on March 19 constructed a top formation, and over the following three days, the bulls failed to touch the 71077 high, showing lower highs on pullback, with upward momentum clearly diminishing.

Overall, weekly bearish divergence, daily top formation, 4-hour downtrend channel plus low-volume rebound, all moving averages broken, and the center of gravity continuing to shift downward, indicating a weak trend. Bears can wait for rebounds to the resistance zone to continue setting up high short positions.

Trading suggestion:
BTC: Short positions in the 685-692 range, targeting 675-660-650

The above is personal opinion only, for reference purposes. Please make specific trading decisions based on your own judgment.