A strong start in April! Bulls and bears battle around the crucial $68,000 level for BTC, with key technical levels analyzed
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BTC is currently fluctuating around 68,000. On the 1-hour chart, after surging to 68,589, the price came under pressure and pulled back. MACD momentum is converging, and it is now in a technical correction phase at a high level. 【Technical reference points】 Short-term support: 67,450 (EMA120 support); strong support at 66,900. Resistance reference: initial selling pressure zone at 68,250; if BTC holds above 68,800, bullish momentum is expected to be released again. Risk boundary: if it breaks below 66,600, be wary of downside risk. Monitoring suggestion: use AiCoin to monitor the chip distribution and large transactions around 68,200 in real-time and observe the breakout direction within 1 hour.
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