4/30 Bitcoin Trading Strategy



The current move is a weak consolidation and repair after a decline. There is no strong reversal signal; overall, the strategy is mainly to sell at highs and buy at lows.

Core Range

• Strong Resistance Zone: 76500 - 76800

• Core Consolidation Zone: 75500 - 76500

• Strong/Weak Boundary: 74800 / 77000

Trading Recommendations

1. Short at Highs

◦ Timing: Rebound into the 76500-76800 area and see it stall (for example, if there are long upper wicks and volume shrinks).

◦ Action: Try a short with a light position.

◦ Stop Loss: Above 77000.

◦ Targets: 75800 → 75200.

2. Buy the Dip

◦ Timing: Pull back into the 75200-75500 area and look for stabilization (for example, if there are lower wicks and a bottom divergence on smaller timeframes).

◦ Action: Try a long with a light position.

◦ Stop Loss: Below 74800.

◦ Targets: 76200 → 76500.

Key Breakdown Response

• Downward Breakdown: If the price effectively breaks down and closes below 74800 (confirmed by a 15-minute or 1-hour close), abandon buying the dip and follow the move by going short, with downside targets at 74000 and below.

• Upward Breakdown: If the price breaks above 77000 with strong volume, abandon shorting at highs, switch the mindset to buying on pullbacks, and watch for retest support.

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Technical Logic and Optimization Points

• Core Judgment: The 4-hour chart is below the middle band of the Bollinger Bands. The 1-hour rebound lacks volume and is being pressured at a key level. The 15-minute indicators are nearing overbought; this matches the characteristics of consolidation and repair. The main idea is to focus on shorting highs within the range, with buying the dip as a secondary approach.

• Optimization Points: We clearly define the specific entry observation signals for “stalling” and “stabilization,” and emphasize the response plan of “trend-following after a breakdown,” to avoid frequent trading in ambiguous zones.
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