$BTC CryptoCircle LiYing: 4.13 Bitcoin bulls and bears remain deadlocked around 71,000, waiting for volume to align and choose a direction! Latest market analysis and trading suggestions

　　
　　Family! Bitcoin is currently at 70,900, in a consolidation phase after a high-level correction. The price has fallen back from the high of 73,790 and is now oscillating around the middle band of the Bollinger Bands at 71,294 and the MA30. The Bollinger Bands are narrowing, with the upper band at 73,790 forming short-term resistance, and the lower band at 68,798 serving as strong support. The MACD double lines are showing a death cross above the zero line, with the green histogram gradually converging, indicating short-term bearish momentum weakening, but the bulls have not fully launched a counterattack. The MA120 provides medium-term support; if the price can hold this level, the trend may shift to sideways upward; if it breaks below, a deep correction could begin.
　　
　　Currently, the price is trading below the middle band of the Bollinger Bands, close to the lower band area. During the correction, volume is gradually shrinking, showing selling pressure easing. RSI is in the neutral zone, not yet entering oversold territory, but the MACD green histogram continues to converge, indicating bearish momentum is waning. In the moving average system, MA7 and MA30 form a death cross, suggesting a weak short-term trend. If the price stabilizes in the 70,800-71,000 range and rebounds with increased volume, it can be seen as a sign of a bottom; if it falls below 70,000, the decline may accelerate.
　　
　　Conservative: Stabilize with a rebound in the 70,500-70,700 range, stop loss at 70,000, target 71,800-72,500
　　
　　Conservative: Rebound to 71,800-72,000 encountering resistance, short at 72,500, target 70,800-70,000
　　
　　Short-term practical strategy (LiYing personally teaches, precisely aligned with the market)
　　
　　Long strategy: 70,500-70,700, target 71,800 aiming for 72,500, stop loss 70,000
　　
　　Short strategy: 71,800-72,000, target 70,800 aiming for 70,000, stop loss 73,500 (caution with shorting)
　　
　　LiYing’s message: The crypto market is not short of opportunities; what’s lacking is eyes that see through the essence and hands that execute strictly. Keep a steady mindset to smile last!
　　
　　Risk warning: The above analysis by LiYing is based on real-time market data and is for reference only. It does not constitute investment advice. Trade at your own risk. ‌#Gate上线Pre-IPOs