The Bitcoin exam is approaching, and Lao Jin updates a post regarding Silk Road for everyone.
Currently, the price is oscillating around 72000-75000, and the market sentiment is undoubtedly high. Through the continuous testing from early March to today, we have reassessed.
69500-70000 is the newly established strong support level, with the extreme support below at 66000. The current issue encountered: strong resistance at 76000.
Technically, Bitcoin shows a 4-hour top divergence, rising instead of falling. The rebound is approaching the strong resistance zone.
Today we focus on whether the rise is a washout or a false breakout
So in summary
Bitcoin 74500-73800 to observe, look at 75500-76000-76500
Ethereum 2300-2330 to observe, look at 2380-2400-2430
Market rhythms are volatile, everything executes based on support levels as a hint
as the main focus, strictly control risk, and prioritize stability.
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