4.10 Morning Market Analysis $BTC $ETH

Yesterday, all Bitcoin long positions across the entire network took profits precisely and landed, confidently grasping the wave rhythm throughout, truly achieving catching the fish’s head and tail, steadily harvesting profits all along. I continue to firmly believe in a bullish upward trend, and the market perfectly aligned with my predictions, reaching the target high as expected, demonstrating strength without need for words. If you don’t understand the market direction, can’t pinpoint entry points, and are experiencing overall trading losses, trust Lao Guo to stay steady and confident.

In the early morning, Bitcoin strongly stabilized at a low of 70,470, building a solid foundation, with bullish momentum fully erupting, resulting in a one-sided strong rally. The price surged upward, reaching around 73,100, with this wave’s increase totaling 2,600 points. Currently, the market is consolidating at high levels, with a slight overbought correction needed in the short term. Support at 71,000-71,500 has become a core defensive zone for the bulls as it shifts strongly. The daily candlestick shows a full-bodied large positive, and the medium-term bullish trend remains intact. Watch for a pullback to gather strength today, and seize the opportunity for a second surge.

Trading Suggestions
Buy in batches on dips around 71,000-71,400, targeting near 72,500-73,500. If the breakthrough is effective, continue to 74,000. Strictly control position sizes and implement risk management.