4.9 Bitcoin Public Outlook

Price Range: approximately 70,800–71,000 with high volatility, yesterday surged to 72,858 then faced resistance and pulled back.
Key Signal: 4-hour long upper shadow indicates significant selling pressure above 72,000; daily support has moved up to 69,000–69,500 (30-day moving average around 69,385); hourly Bollinger Bands are tightening, indicating indecision between bulls and bears.
Core Logic: Focus on consolidation and accumulation, avoid chasing highs or lows.
Key Judgment:
Hold above 72,000 to look for a new high, break below 69,500 to turn bearish and target below 68,000.
Trading Suggestions:
Buy in the 70,300–70,800 range
First target: 71,300–71,800
Second target: 71,800–72,300
In the 72,300–72,800 zone, consider shorting at high levels
First target: 71,800–71,300
Second target: 71,300–70,500
Range: 69,500–72,800, sell high and buy low, and after a breakout, follow the trend to place orders. #BTC突破71000美元