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Tuesday morning, April 14
The bulls are still following the trend upward
Supported strongly at 70,400, they launched a fierce counterattack, breaking through resistance in a continuous rally, with a high of 74,900. In the short term, the bulls are fully in control, and short positions are under obvious pressure.
Four-hour continuous bullish candles with increased volume recaptured the decline, moving averages and indicators are aligned bullishly, completing a reversal structure.
Key intraday resistance: 75,000-76,000. Only after stabilizing above 76,000 can further upward space be opened.
In a strong market, do not guess the top; mainly look for dips to buy low. High-position chasing carries higher risk.
Intraday trading reference
Buy the dips in batches around 74,000-73,500
First target 75,000-76,000, break through to 78,000
If pressure hits 76,000 and it pulls back, consider light short positions, targeting around 74,000$BTC