4.20 BTC Strategy



Current market has pulled back after a previous surge and encountered resistance. Bullish momentum is gradually weakening, and combined with the impact of bearish news, the overall market has shifted to a weaker performance. The prior strong setup has been broken, and the downtrend is becoming clearer step by step.

Near-term resistance is mainly concentrated around 75,000-76,000. If the bulls are unable to hold this area, the market will most likely continue to maintain a weak consolidation followed by downward movement.

Key support below is at the 73,000 level. If this level can be effectively defended, it offers an opportunity to go for a rebound on a small position;
Once it breaks and cannot be quickly recovered, the room for downside adjustments will open further, continuing a deep correction trend.

Currently, the market news has caused a lot of disturbances, and it significantly affects short-term price action. In terms of operations, it is recommended to closely watch real-time changes in the chart, flexibly adjust strategies, strictly control position sizing and risk, and mainly operate in line with the trend.
$BTC #山寨币强势反弹
$ETH #AI基建重心转向应用侧
$SOL #美伊局势和谈与增兵博弈
BTC-0,88%
ETH-1,91%
SOL-1,27%
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