Bitcoin Maintains Bearish Tone, HYPE Pulls Back to Accumulate Momentum | Exclusive Analysis
Analysis by Cody,特邀分析师 for Odaily.
**Core Market View:**
Bitcoin (BTC) maintains its primary bearish trend, expected to trade within a wide 65,000–74,000 USD range this week. Key resistance is at 74,500–76,000 USD, with critical support levels at 69,500 USD and 65,000–66,000 USD. The medium-term strategy remains short (60% short position from 89,000 USD). Short-term tactics involve selling on rallies near resistance or selling breakouts below support, with strict stop-losses.
**HYPE Analysis:**
HYPE is identified as being in a potential Wave V rally, starting from its April 2nd low of 34.44 USD. After a 10-day rally approaching its Wave III high of 43.78 USD, short-term indicators show overbought conditions, suggesting a consolidation is due. The strategy is to "go long on dips," waiting for a pullback to the 37.5–38 USD support area for a confirmed long entry. Two recent long trades using a 30% position size yielded a total profit of 9.02%.
**Key Takeaways:**
* BTC: Bearish, range-bound. Short on rallies or breakdowns.
* HYPE: Bullish trend, expect a short-term pullback. Buy the dip near support.
* All strategies use 1x leverage with dynamic stop-loss management to lock in profits.
*Disclaimer: This is a personal trading analysis for informational purposes only, not investment advice. The market is high-risk; invest cautiously.*
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