Today, April 13, $BTC price action has just reached a very critical turning point. Brothers, hold on to your notebooks.

➤ Macro level
🌟 Liquidity phase tightening on a phased basis: As the CPI data on April 10 exceeded expectations (3.3%), rate-cut expectations for the Fed were delayed, the U.S. dollar index (DXY) strengthened, and that directly put pressure on BTC that is trading at high levels.
🌟 ETF buying momentum weakens: The pace of net inflows for BlackRock (IBIT) and Fidelity (FBTC) noticeably slowed last week, while Grayscale (GBTC)’s daily outflows have remained steady; on the capital side, it is in an ongoing battle with existing positions.
🌟 Halving cycle countdown: *About a week remains until the halving (expected April 20). Before the halving, miners’ selling pressure usually tends to concentrate and release, and the market enters a sensitive period of “Sell the News.”*
➤ Short-term structure (1–2 weeks)
🌟 Over the past 48 hours, BTC tried to push through the 73,000 level but met resistance and quickly pulled back. Currently, the price is consolidating between **71,000 - 71,500**, which is a typical pattern of spiking up, then falling back to build a base.
📍 Strong resistance zone: 72,500 – 73,800 (near historical highs; pressure is intense)
📍 Core support zone: 68,500 – 70,000 (this is the bulls’ last line of defense)
🌟 Trading idea: Right now it is trading in a high-level, wide-range consolidation; be sure not to chase longs above 72,000. If there is a pullback near **69,500**, you can try to re-enter long positions, with a stop loss at 68,000.
➤ Medium-term outlook (1–6 months)
🌟 The overall structure is still a healthy bull-market correction. As long as it does not effectively break down below 65,000, the post-halving supply-side tightness will remain the engine driving the main uptrend.
📍 Currently, the high-value DCA entry range: 62,000 – 66,500 (if you can get this kind of pullback, it’s basically picking up money)
➤ Some experience
BTC’s current way of moving is simply “grinding people down.” The bulls want to break to new highs, while the bears want to wait for the halving to dump—at times like this, “stabbing pins up and down” are the easiest to see.
**Don’t get lost in the volatility; keep reverence for the places where you should defend.**
‍#GateSquare @Gate_Square #BTC #行情分析 #HalvingCountdown