4.16 Big Cake Today's Analysis


Last night’s market showed a typical pattern: rally blocked — pullback with increased volume — and a three-stage move with support taking hold in the low range
Rally: Last night, the bulls gained momentum, with the highest price touching 75,500
Pullback: After hitting resistance, it quickly retreated, with the lowest dropping to 73,760
Support: In the early morning, the 73,700–74,000 range received clear support; the price quickly rebounded to above 74,500, indicating that buying demand below is not weak
Current price 74,600: It falls exactly within the central pivot point of last night’s pullback, serving as the core anchor for a renewed balance between bulls and bears
Entry: Lightly short at 74,600–75,000
Stop-loss: 75,500
Targets: First at 73,900, second at 73500$BTC
BTC-0.11%
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