April 12th Bitcoin Public Strategy

🔥Bitcoin faces high-level resistance and encounters violent sell-offs! Bears immediately counterattack, crushing the bulls' positions across the board!
From the high of 73,773, it plummeted nearly 2,500 points straight down, with a daily drop of over 3% on the 15-minute chart. What support at 73,000 or 72,500? In front of the selling pressure from the bears, they are all just fragile paper defenses that break at a touch!

💥Core signals are at maximum:
Massive sell orders smashing the market and fleeing, over 200 million USD in net capital inflow but unable to support the price, indicating all passive buying, with selling pressure dominated by bears directly reaching full throttle! Open interest and trading volume increase simultaneously, panic selling follows the trend, and downward momentum is directly triggered!
Moving averages form a death cross and turn downward, the price directly breaks below short-term moving average support, MACD confirms a death cross below the zero line, green bars continue to expand, and the bearish trend strength is fully realized!

🎯Trading advice:
Follow the trend and short, rebounding to the 72,000-72,300 range to add to short positions, targeting 71,200-70,700.
(If the rebound stabilizes above 72,500, then abandon the short position, beware of oversold rebounds that tempt more buying)
$BTC #Gate现货衍生品双双冲进全球前三