2026-04-12 23:32:23

4.13 Morning Market Analysis

Bitcoin continued to decline overnight, with a low of 70,456, currently fluctuating around 70,808.

The geopolitical situation in the Middle East remains uncertain, and market risk aversion has increased. Coupled with funds fleeing after the weekend suspension, this has triggered a stampede-like decline. This round of decline is a break downward in a bearish trend, with the large-scale bearish structure unchanged, leaving room for further downside! The 71,200-71,500 range remains a strong short-term resistance. The "Auntie" (a nickname for a specific asset or indicator) is moving in sync, so the strategy is mainly to go short at high levels and buy at low levels as a supplement.

Trading Suggestions
Bitcoin: Short around 71,000-71,500, first watch 70,000, and if broken, continue to look at 69,500. If a strong rebound breaks through 71,500, go long accordingly.

BTC-0,61%

ETH-0,79%

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