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April 6th Bitcoin Morning Public Strategy
From the 15-minute chart perspective, after breaking out of the previous consolidation range at 67,500-68,000, the price has formed a typical strong structure of volume-driven rally plus volume contraction for pullback. The shallow body of the retracement candles indicates very strong bullish support. During the rally phase, trading volume increased in sync, and the combination of volume and price movement is healthy, confirming the short-term trend's validity.
On the 15-minute chart, MA5/MA10 are in a bullish alignment, with the price continuously rising along the moving averages. The 69,000 level has become a strong support zone. As long as it is not effectively broken below this level, the bullish trend will not easily end.
Trading suggestion: Buy at the current price, first target 69,600-70,000
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