On-ChainNoTeeth

#比特币 Bitcoin currently needs to focus on the key level of 78,000, as it cannot effectively stabilize, and the pullback trend may continue. This is a particularly important point to watch for short positions. After all, from the daily chart trend, it is still in an upward trend, but from the weekly K-line and short-term trend, a pullback is necessary. #加密市场行情震荡 $BTC #加密市场行情震荡

#比特币 The 70,000 that can be turned back at any time, the short squeeze trend has not yet completely changed. In the head-shoulders pattern on the chart, the current key level is 78,500. Successfully breaking above 78,500 is crucial to maintaining the short squeeze trend. Otherwise, beware of a sharp decline. This kind of ending market increases the risk for long positions significantly.#比特币反弹

#比特币 With this short squeeze situation, you must avoid placing early left-side orders later on. From a long-term perspective, a pullback to around 10,000 USDT may stabilize the situation. Each short squeeze breaks through a 1,000 USDT range, approaching a super major resistance level, making it difficult to stabilize in one step. A direct pullback could lead to a unidirectional downward wave, confirmed around 70,000.

#比特币 Bitcoin has disrupted the correction trend, shifting into sideways resonance. Currently, the boundary for resonance is 74,000, with gains and losses fluctuating around that level, attempting an upward breakout. The participation opportunity is to go long between 74,000 and 74,200, attempting to break through the right shoulder resistance zone during resonance. $BTC #GatePreIPOs首发SpaceX

#比特币 The Bitcoin correction trend has been confirmed, the direction has successfully reversed, and currently it is moving within the 2000U channel correction. At the moment, the limit pressure boundary for this steady correction is maintained at 75,800-76,200. #GatePreIPOs首发SpaceX $BTC

After Bitcoin shows signs of a short-term top, it has entered a downward correction trend, with the short-term market very weak and clear bearish divergence. This situation may lead to a decline, quickly reaching the extreme boundary of the correction, continuing downward until it breaks away from the shoulder support, which could change the overall trend; otherwise, the major upward trend remains intact. The key support zone for the correction is around 77,000 to 77,500. The short-term shoulder support is approximately 73,000, and the boundary for maintaining an upward trend in the medium to

#比特币 Bitcoin's attempt to retrace has failed again, with a short-term support zone appearing at 73,300-73,500. This also becomes the boundary supporting the continued short squeeze trend; it cannot break deeply below this range. Under the serious weakening of the market, maintaining the squeeze stance is difficult to change. Currently, it has successfully broken through the key daily moving average level. If this level is used as a support boundary, a new wave of attempts to break new highs may occur, forming a head pattern. Focus on 73,300--73,500. If it can break below this range significant

#比特币 Bitcoin has experienced a tentative decline and broken support levels. The short position is temporarily set around 74,900. Do not rule out the possibility of retesting this level again in the middle of the night, followed by a steady correction in a one-way wave trend.

This situation looks a bit frightening. In the short term, the continuous short squeeze persists, but a new high has not yet been broken. From the perspective of rebound and correction space, the 10,000U target has already been achieved. Breaking the daily chart-level 90 moving average characteristic places us at a critical point between medium- and long-term bull and bear markets. At this position, the squeeze continues, replaced by sideways movement, with normal small-range oscillations at high levels. Playing extreme reversals and sudden drops, such as directly breaking the recent historica

#快讯 Iran: Communication with the United States is still ongoing, with multiple rounds of information exchanged
On April 15, the spokesperson for the Iranian Ministry of Foreign Affairs stated that communication with the United States through Pakistan is still continuing. Iran is very likely to host a Pakistani delegation on Wednesday to continue negotiations with Pakistan. The negotiations will discuss a comprehensive end to the war, lifting sanctions, and compensation for damages caused by U.S. and Israeli attacks on Iran.
Since the Iranian delegation returned to Tehran, Iran has exchanged m

$BTC #比特币 This week, whether we can see a rebound depends on the appearance of a correction wave pattern. To confirm it as a correction wave, the price must no longer hold steady above the key level of 94,800. After all, the 10,000U recovery rebound target has been achieved, and a K-line pattern has also appeared on the 90-day moving average. Be cautious of a potential steady correction trend if the price cannot hold above 94,800. If that happens, the key levels are still 69,000 and 67,300.#

The signs of recent repairs are basically complete, with a rebound space of 10,000U, and a single K-line appearing as it penetrates the 90-day moving average. Now it's just a matter of whether to hold this position and wait for the moving average to rise, or to once again test around 66,000, indicating a triple bottom quick rebound pattern, a daily-level large rebound, breaking through the current highest point. It remains to be seen. Currently, the upper boundary of the sideways consolidation has already appeared at 74,000. If the sideways consolidation continues upward and forces short-squee

#比特币 The key target of breaking through the 90-day moving average has been achieved, and the rebound correction target is considered complete. Next, it needs to be determined whether to break upward and continue the rally or to revert to trading sideways between 60 and 90. A doji star has appeared. The overall market trend awaits observation and confirmation.

#比特币 Based on the current market situation, the trend is centered around supporting at 69,000. First, a corresponding bullish divergence appears above 70,000, then a violent move downward to test the support around 69,000. If effective, it will quickly rebound to around 72,000... If this effect can be achieved, it is basically confirmed that 69,000 will serve as the support.