4.12 Evening Bitcoin and Altcoin Analysis



Bitcoin surged to 73,774 this morning and then continued to decline, currently finding support around 71,250. Although there was a continuous decline on the hourly chart, the key support zone of 70,800-71,200 tested multiple times without breaking, indicating a short-term stabilization and rebound need. The previous 71,800 has become a short-term resistance; if a volume breakout occurs, it could move higher.

Bitcoin Trading Suggestions
Entry Range: Around 71,000-71,300, buy, targeting 72,500-73,500

Altcoin Trading Suggestions
Entry Range: Around 2,190-2,210, buy, targeting 2,260-2,320
$BTC $ETH $SOL #Gate上线Pre-IPOs #加密市场回升 #Gate现货衍生品双双冲进全球前三
BTC-3,62%
ETH-4,8%
SOL-4,59%
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