BIT: BTC's downside risk is leading, and the repair signal still requires multiple factors to resonate
According to the BIT on Target weekly report, btc-42">Bitcoin is entering a critical observation window. After several months of correction, BTC has recently rebounded slightly and is once again testing the previously lost key support range (approximately $65,881--$66,396), but the overall recovery foundation remains unstable, and the trend is relatively weak.
The report points out that macro pressures continue to accumulate, liquidity is marginally weakening, and with key policy events approaching, the market pricing logic is gradually adjusting. Looking ahead to April, although it is historically considered a relatively strong month, the report believes it is not appropriate to simply extrapolate seasonal patterns. Whether April can achieve a phase of recovery depends on whether the funding situation, position structure, and external catalysts can resonate.
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