4.23 BTC Strategy



Bitcoin’s (the big pie) has fallen back from this round’s high of 79,444, entering a high-level consolidation and ranging phase. The one-way long momentum has weakened, and the market has shifted into a battle between bulls and bears.

The key resistance above is around 79,000–80,000, where trading chips are densely concentrated. If it cannot convincingly hold above with increased volume, the market will most likely remain range-bound, making it difficult to break out into a new round of a main upward rally.

Pay attention to the core support below at around the 77,000 level. This is the structural pivot point of this round of the rally. If it is effectively broken down, the upward structure will be damaged and the trend will weaken;
if it stabilizes and stops falling, you can capture rebound and repair opportunities for profit.

In terms of execution, don’t chase highs. Take action according to gains and losses of key levels as signals, and at the same time watch for disruptions from the news backdrop to respond flexibly.
$BTC $GT $ETH
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BTC0.29%
GT0.4%
ETH-1.61%
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