Today’s Bitcoin Public Outlook


I. Core Idea
1. On the evening of 4.16, a bottom was tested at the lowest point of 73256, completing a deep V reversal and rallying upward. The bottom bullish structure is fully formed, with the price stabilizing above the middle band of the hourly Bollinger Bands. The daily chart shows a strong bullish trend on a larger scale, currently in an upward cycle with high-level consolidation and buildup.

2. The previous high of around 75412 serves as the first strong resistance level within the day, and the current price has ample room for upward correction. The lower Bollinger middle band at 74627 acts as the dividing line between bullish and bearish strength for the day, and is also the core defensive line for this round of bullish momentum.

3. The market continuously shows long lower shadow bottoming candles, indicating very strong bullish buying support at low levels. The selling pressure from bears has been fully absorbed, leaving very limited space for short-term correction. The bullish foundation is solid, and the upward trend has sufficient continuation potential.

II. Precise Long Entry Strategy

First entry point: Rebound and stabilize in the 74500-74000 range
Second addition position: In the strong support zone of 73800-73200

Profit-taking tiers:
First target: 75400-75500, the previous high resistance
Second target: Break volume beyond 76000 and stabilize, then extend toward the 7700 level

III. Core Logic of Bullish Position Holding

The Bollinger Bands are opening upward, with the upper band maintaining upward momentum. The wave-like increase in volatility continues to expand, fully opening the space for bullish movement;
Price is operating within the strong zone of the upper middle Bollinger Band, which is the optimal holding structure for a bullish trend. As long as the middle band support is maintained, the bullish pattern will not be broken. Low-level long positions should follow the trend for wave trading.

Risk Reminder: Cryptocurrency contract markets are highly volatile. Market movements are greatly influenced by news and capital sentiment. Trading should be done with light positions, strict stop-loss and take-profit measures, and comprehensive risk management to prevent extreme spike scenarios.
BTC-0,46%
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