Sunday, April 5th Evening Market Outlook:

1. Weekly Level:
Price is oscillating between 65,000 and 70,000, with repeated long upper shadows on rebounds.
Short- and medium-term moving averages (MA7/14/30) are diverging downward, continuously suppressing the price.
MACD is below the zero line, dominated by bears, with no bullish divergence.

2. Daily Level:
Bear flag pattern (bearish continuation)
From the high of 125,900, retracement exceeds 52%.
A clear bear flag has formed on the daily chart, with a small rebound on the flag surface and a sharp decline on the flagpole.
Rebound lacks volume, indicating a continuation of the downtrend!

Trading Suggestions: Consider shorting on rebounds near 67,000-66,500.
First target 🎯 66,000
First target 🎯 65,000

Concubine Trading Suggestions: Short on rebounds near 20,50-20,60.
First target 🎯 2,000
Second target 🎯 1,950
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