4.13 Morning Bitcoin Analysis The market currently shows significantly reduced bullish energy, the upward room continues to narrow, and a sideways downward pattern dominated by bearish sentiment has formed. Remember that the current position is at the relative lowest point of this correction wave; do not rush to excessively pursue short positions, and be cautious of temporary rebounds caused by institutional support. • Overhead resistance zone: around 72,000-73,000, an area of trapped position accumulation and trend resistance level; if the pressure here cannot hold, gradually consider short positions to capitalize on the continued decline. • Support zone below: the round number 70,000, a psychological level and the main technical support of this correction. If this support holds, opportunities for an oversold rebound can be taken; If broken, the downtrend will continue further.🤑#GateSquareAprilPostingChallenge

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【$BLESS Signal】Waiting for a callback, sniping the fish body $BLESS 1H level violent surge followed by high-level consolidation, 4H Bollinger Bands fully expanded, upper band at 0.0118 has been broken through. RSI on 1H is at 68.82, on 4H surged to 85.06, buying pressure is greatly depleted in the short term. MACD double-cycle histogram is still expanding, but 1-hour volume has shrunk after a huge volume, indicating signs of high-level turnover. Price repeatedly tests around 0.013, and sell orders above are starting to accumulate. The risk of chasing high at this position is sharply increased, and the risk-reward ratio is not favorable. Wait for a decent pullback; the support zones are the EMA20 at 0.0086 below and the upper band of the 4H Bollinger at 0.0118, which are ideal for setting up. 🎯Direction: Pullback pending order to go long ⚡Entry/Order: Between 0.008617 and 0.012999, prioritize around 0.0118 🛑Stop loss: 0.007164 🚀Target 1: 0.013056 🚀Target 2: 0.013108 🛡️Trade management: - Execute strategy: reduce 50% after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital. Order book imbalance is 3.1%, funding rate is 0.079%, relatively high, indicating bullish sentiment is still exuberant, but this also sets the stage for subsequent rate squeeze. Position volume remains stable, with no collapse caused by profit-taking, suggesting main funds may still be in the market. The core of the current strategy is to abandon the head and tail of the fish, only eating the safest middle part of the fish, trading space for certainty. Check real-time market 👇 $BLESS --- Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL