4/13 Bitcoin Evening Analysis:

Intraday Trend: Surge during the day followed by a decline, continued weakness and volume-driven drop in the evening
Technical (Short-term)
Resistance (Upper)
• 71,800–72,200: Intraday breakdown zone, strong resistance during rebound in the evening
• 72,800–73,000: Opening zone today, bearish defense level
Support (Lower)
• 70,500: Near the evening low, first short-term support
• 69,800–70,000: Psychological threshold + structural support, critical defense line
• 69,000: Next strong support level
• 4-hour level: Bearish dominance, volume decline on downward move, no volume on rebound
• No obvious signs of trend reversal, leaning towards further decline or sideways consolidation at low levels

✅ Short-selling strategy
✅ Rebound near 71,800–72,000 with resistance, consider light short positions
✅ Stop-loss: above 72,500
✅ Targets: 70,500 → 70,000 → 69,800
Long strategy (cautious)
✅ Not recommended to chase long positions against the trend
✅ Consider only after stable signals (volume-increasing bullish candles, steady above 71,800)
✅ Wait for stability in the 69,800–70,000 zone before considering long positions

Risks and Reminders
Strictly control position sizes, set proper stop-loss, avoid holding large positions or overleveraging
In the evening, focus on sideways to downward movement, mainly testing support levels
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