April 16 BTC Strategy



After completing a V-shaped reversal, Bitcoin is currently maintaining a sideways to slightly bullish movement, with short-term bullish sentiment warming up, but it has not yet broken above the key resistance level. Overall, it remains in a range-bound oscillation.

The main resistance is concentrated around 75,000–76,000, and if it cannot break through effectively, it is likely to continue sideways consolidation.

The key support levels are around 74,000–73,000; after a pullback and stabilization, traders can look for opportunities to rebound.

Pay close attention to macroeconomic data, Federal Reserve movements, US-Iran negotiations, and other external variables, as unexpected news can easily disrupt the current sideways pattern.

In terms of operations, strictly control position sizes, implement stop-loss measures, prioritize stability, and only adjust positions further once the market direction becomes clearer.
BTC0.99%
GT3.32%
ETH1.63%
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