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April 13 Morning Bitcoin Market Analysis $BTC $ETH $BNB
The price remains firmly above the lower Bollinger Band, showing strong stabilization. The previous deep correction low at 70,500 remains a solid support level. The bearish volume has been fully released, and the downward momentum continues to weaken. The bottoming pattern with repeated oscillations at low levels is becoming clear. Short-term panic selling has been fully released, and the oversold rebound demand is strong, with the deep decline space basically closed off.
The Bollinger Bands continue to contract with decreasing volume, and the bulls and bears are entering a critical point of contention, with a short-term decision imminent for a one-sided direction; multiple support levels below are layered and solid, with bulls accumulating strength at low levels, and the rebound and counterattack opportunity has arrived.
Operation Suggestions
Buy in batches around 70,000-70,500, targeting approximately 71,500-72,500; if broken through, continue upward to around 73,500 #美伊停火协议谈判再生变故 #Meta推出AI模型MuseSpark