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BTC's March monthly chart closed positive, ending a five-month losing streak, but the candlestick pattern is a doji, indicating no clear bottoming signal. Comparing this to the 2022 bear market, the initial positive green candle often followed by further declines. Therefore, a continued decline is highly probable in April. Even if April closes positive, the probability of a decline in May remains high, and a direct bottom in April is unlikely. The daily chart has broken below a bearish wedge, with multiple rebounds encountering resistance followed by sharp drops, indicating an overall bearish structure. Short positions can be initiated at 67900 and 68600 today. The monthly, weekly, daily, and 4-hour charts all show a bearish outlook, with strong downward momentum.

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