April 6 Midday Analysis of Bitcoin:

Main Strategy: Strong rebound, break through resistance, pullback to low positions for long entries, light positions for high-altitude trading
Primary focus: Buying on dips near current price levels
Entry: 68,700–68,900 in batches (breakout pullback support + 4-hour moving averages)
Target: 69,600–70,000 (previous high + psychological resistance levels)
Stop-loss: 68,300 (invalidates if broken, strict stop-loss)
Secondary focus: Shorting on rebounds (light positions)
Entry: 69,800–70,200 under resistance for short positions
Target: 69,000–68,700 (quick in and out)
Stop-loss: 70,500 (abandon short if broken)

Technical Logic:
1. Price breaks through the 68,500–68,800 resistance zone, turning it into support, establishing a short-term bullish trend.
2. 4-hour moving averages are aligned bullishly, MACD shows a golden cross with increasing volume, indicating healthy rebound momentum.
3. Midday liquidity is moderate, prone to false breakouts; avoid chasing highs, wait for pullbacks to enter long.
4. 69,800–70,200 is a dense area of previous trapped positions, likely to see quick rises and pullbacks.
5. Risk management: total position ≤20%, per trade ≤10%, cut losses immediately if broken, no holding through invalidation.

Macroeconomic Rhythm:
• Middle East tensions easing, risk sentiment improving, BTC rebounds strongly.
• CPI data due April 10, funds are cautious, only trading in line with trend, quick entries and exits.
• Bitcoin’s strength drives ETH correlation, midday trading mainly led by BTC.