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April 18, Saturday Bitcoin (Big Pie) Recommendations
The current market is in a range-bound correction, with bullish and bearish forces balancing each other, overall retreating from high levels and consolidating sideways. The short-term pace has slowed, with no clear directional trend, awaiting a key level break to determine the next move.
The key resistance zone above is locked at 77,500-78,000, and the rebound has failed to break through effectively, which will likely maintain a weak sideways pattern.
Below, closely watch the core support at 76,500-77,000; if support stabilizes without breaking, it can be used to seize short-term rebound opportunities.
Market activity over the weekend is light, with limited volatility, so it’s best to observe and rest.
Be aware of recent frequent news disturbances, increasing uncertainties;
Enter positions cautiously, set proper stop-losses, and avoid sudden news breaking the range-bound consolidation, prioritizing stability.
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