4.10 Morning



After “Big Cake” surged to 73146, it quickly fell back. After dropping below the Bollinger middle band, it continues to probe lower. The Bollinger Bands are opening downward; the upper band’s resistance is significant, and the lower band is steadily trending down. Bears dominate in the short term. KD shows a low-level bearish alignment, and the candlesticks are under pressure below the middle band. Rebounds have no momentum/volume; every pullback is followed by an immediate drop. The bulls have no effective counterattack. Currently, around 71929, the market is weakly consolidating, which is a weak repair during a downswing. 71800 is the key support level; if it breaks, it will open up further room for downside.


Entry zone: 72300–72900, scale in to take shorts
Target: 70700–70200 (if broken, expect even lower)

Risk control reminder

Before the halving, volatility has increased—strictly control position size, don’t hold oversized positions, and don’t add margin
BTC0,39%
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Xiyunvip
· 32m ago
Just charge it 👊
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