Crypto Circle Coin Mister: Bitcoin 4.11 (BTC)) Market Analysis Reference

Based on the Bitcoin daily-chart level, the recent K-line formation shows a strong pattern of continuous bullish candles breaking out.
In particular, what’s especially worth noting is that on April 7, the daily chart closed as a hammer candle with a long lower shadow, which indicates very strong buy-side support from below.
And it was right after that K-line that the market started this round of rebound.
The current price has already broken above the previous high of 73289, and the bullish mood in the short term remains intense.
We also need to stay clear-headed.
Near the 73000 psychological level, the historical concentration of positions is relatively high, and there is some selling pressure—so the market may be driven by a need for repeated tug-of-war at this level.

From the indicator perspective, after the MACD daily golden cross, it has continued to expand in volume. Also, the DIF value of 456 has already crossed above the DEA value of -173.
In the short term, bullish momentum currently dominates, and the momentum is quite strong.
As for the moving averages, the EMA7 at 70823 has already crossed above the EMA30 at 69631, forming a standard bullish alignment.
This further confirms the uptrend.
In the short term, the price is slightly far above the short-term moving averages, so technically there is a need for a pullback to confirm.
The risk-reward ratio for chasing gains is decreasing.
A relatively steadier strategy is to wait for a pullback near the moving averages before looking for the right structure.

However, the upper band gap has not opened. If the rebound rises to above 73000, there is still a risk of resistance and a pullback.
Be alert to the selling pressure releasing above 73000 and the risk of a pullback.
On the downside, watch the support effectiveness of the 70000-70800 area.
Only after the pullback confirms stabilization, or after strong sideways action digests the selling pressure, is it a relatively safer opportunity to enter from the right side.

The market changes at any moment. Everyone must pay attention to controlling position sizing and risk, and watch for the shift between support and resistance.

4.11 Bitcoin short-term reference: 73300-74300 range,
defend at 76500,
stop loss 500 points,
target below 72500 or in the 70200-71200 range,
target above 71800,
stop loss 500 points.

Message dispatch has delays; strategy recommendations are for reference only. The market changes rapidly—no matter how confident you are in your judgment, make sure to set take profit and stop loss properly. Close out and secure profits. #Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨 #美伊停火协议谈判再生变故 $BTC $GT $ETH