[Analyst: Crowded short positions before Easter hide upside risks, Bitcoin falls below $66,000] According to Golden Finance, on April 2, Bitcoin continues to fluctuate within the $60,000 to $70,000 range, with no clear catalyst for a breakout. Derivatives positions remain in a defensive stance, and traders are consistently paying funding fees to maintain short exposure, increasing the risk of a short squeeze. Analysts indicate that as energy and metal price shocks drive the market into the 'supply chain disruption' phase, macroeconomic pressures are further intensifying.