4.10 Bitcoin Morning Thoughts

Last night's news again caused disruption. The U.S. pushed Israel and Lebanon to discuss a ceasefire, igniting market sentiment instantly. The bulls took advantage and pushed the market higher, leading to a strong rally. The price directly broke through the 73,000 level in the early trading session, and liquidity above was swept away, fully releasing bullish sentiment in the short term.
The daily chart still maintains a range-bound oscillation pattern. Three consecutive long upper-shadow candles clearly signal this. There is heavy selling pressure above, and funds continue to realize profits at high levels. Every bullish attack is ruthlessly pushed back, showing a lack of continuity.
Adding the Friday effect, funds are more cautious, and the market is more prone to sharp rises followed by pullbacks. Instead of blindly chasing longs, it’s better to patiently wait for opportunities at higher levels.
Personal advice
Bitcoin: Short from 72,500 to 73,200, target down to 71,000, and if broken, look for 69,000.
$BTC
#加密市场小幅下跌