BTC in April faced resistance at the 3-day moving average pressure level of 79,500 on the 3rd, currently in a 12-hour level correction within the daily adjustment. The key support is at 74,600-74,450. Yesterday's rebound from the 8-hour support and the middle Bollinger band on the daily at 75,750 was a short-term opportunity, but influenced by the Fed's dovish signals, downward momentum strengthened, turning the outlook into a daily adjustment. Trading should mainly involve shorting on rallies, with long positions at lower levels waiting for new support.

Key support and trading strategies:

• 74,800-74,500 can be lightly longed (daily support), with a stop at 73,000. If broken, add to long positions at 73,666 second time.

• Do not chase shorts below 73,600. Focus on the strong support zone at 73,300-72,000. If not broken at 73,000, consider bottom fishing; if broken, wait for layout around 72,200-70,666.

• Note that the daily MACD has not yet returned to zero. If signs of stabilization appear on the 8/12-hour charts, or a bottom is formed on the 4-hour chart, the correction may end early. Avoid shorting in a fish tail pattern to prevent over-shorting.

B. May Outlook: Rebound Targets

After the daily adjustment ends, the first rebound target remains at 79,500 (3-day resistance). Breaking through will trigger a weekly oversold rebound, aiming for 83,000. Important resistance levels often require multiple tests; this is the third attempt. After accumulation, the probability of breaking through is higher. Note that the current weekly rebound trend has not ended; if it drops to the 74,000-71k range, it could be an opportunity for daily bottom layout rather than a trend reversal to bearish.

Mindset reminder:

Trading is like chess, every move must be strategic. If you missed the rally earlier, the current correction is a good entry point at lower levels, not blindly bearish to 50k. In a trend, follow the momentum and avoid rigid bearish thinking. $BTC $ETH $DOGE