Long positions and short positions—this is still the overall idea for April!

As for the mid-term direction for Big Cake: temporarily set at the 76,000-78,000 zone; the positioning will follow!

On the news front: it mainly hinges on geopolitical negotiations. Although the first round did not achieve results, and things fell as expected under pressure, the market is still under strain as things unfold—however, the second round is still undecided, which is also a kind of positive signal. After all, everyone is hoping for a “peace” solution.

On economic data: this phase of rate cuts has failed to materialize. The non-farm payroll and CPI data are bullish, but Big Cake is holding up well and rising against the trend!

On the technical side: 60,000 is the bottom for this phase. Sister Ying has emphasized this at least 5 times. And 65,000 has also been tested multiple times without breaking—once it’s been consolidated, support keeps moving higher. Last week’s low was around 68,000, while this week’s low is near 70,000.

In itself, there are signs that the weekly chart’s three consecutive bullish days will trigger a rebound. Especially after firmly holding the 70,000 mark, the rebound momentum is strong. The overhead resistance point is around the BOLL middle band at around 78,000.

Don’t blindly chase and trade no matter what—then you’ll beat 70% of small retail traders. Follow Sister Ying and you won’t get lost. Xingqing has it figured out—arranged… $BTC