BTC Market Analysis 2026.04.08 BTC experienced an upward trend this morning due to the impact of news. As for the US Iran issue, I think it is still a bit early to say that it will be completely resolved. It gives me the feeling that it is dragging on time rather than really ending. We will not speculate too much on the specific reasons. The rise of BTC since 60000 is a rebound, and the subsequent trend has been subdivided into red and blue paths based on the rebound level. Red Route: The rebound of BTC since 60000 is aimed at the entire decline of 126000-60000. Under this path, it is allowed to break through 76000 and reach a new rebound high, but usually a rebound in a bear market should not touch the low point of the previous rebound, which is 80600. After the rebound ends, BTC will continue to decline and there will be no rebound larger than the red box level during the entire bear market cycle. The next time there will be an increase at this level will be during a bull market cycle. At the same time, this means that most of the time after 2026 under this path will be garbage time. Blue Route: The rebound of 60000-76000 is aimed at the decline of 97900-60000 and the rebound has already ended. Currently, 76000 is starting a new downward trend, but the rebound strength since 65000 is relatively strong due to the impact of news. If the weekly chart closes above 70300 this week, it will reduce the probability of this trend. If this path is followed in the future, there will still be good trading opportunities in the first half of 2026. I am glad to see that @ KillaXBT's strategy has achieved phased success, but it may not be long before he reopens short positions. Let's wait and see.