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4.19 Sunday Bitcoin Suggestion
In the early stage of the chart, the market surged strongly and pushed up, then after touching the 78,300 high, it came under pressure and turned weaker, forming a complete pattern of rise followed by a pullback.
Bullish momentum continues to fade at high levels; capital follow-through is weak. The bearish trend shifts accordingly, and the market moves down in step-by-step oscillations. In the short term overall, it is currently in a relatively weak consolidation pattern.
At this stage, the pullback has retreated to a relatively low level, and the downside room has gradually narrowed. Do not blindly chase shorts—avoid the risk of chasing sand.
The key overhead resistance is focused at 76,000. The rebound has not been able to effectively break through and hold above it, so the market will continue to maintain a weak oscillation rhythm.
The core support below is at 75,000. If it stabilizes and stops falling here, you may take a light position to capture rebound opportunities;
If the support breaks and cannot be quickly recovered, the downward adjustment will further continue.
In the recent period, the chart has been strongly disturbed by news. In terms of trading, closely follow the chart’s dynamics, keep a tight control of the pace, and make a rational layout.
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