Tuesday, April 7
Is the 69,000 level the starting point or a trap?
The current market shows a "rise and fall" pattern. Stimulated by last night's US-Iran ceasefire negotiations news, BTC temporarily broke through the $70k level, triggering a short squeeze, but then quickly gave back gains due to conflicting news (Iran rejecting a temporary plan).
Bitcoin (BTC)
Candlestick pattern: The daily chart shows a long upper shadow (Pin Bar), indicating heavy selling pressure in the $70k–$70,500 range, with multiple failed attempts to push higher, forming a "false breakout" trap!
✅Pullback broke below 68,200, small timeframes still bearish, watch 67,500–66,500–65,500.
✅If it rebounds above 69,000 but cannot hold, with volume increasing, watch for 69,500–70,000–71,500.
Ethereum (ETH)
Correlation: Moves entirely in sync with BTC, no independent trend. The rebound high at 2,170 coincides with BTC’s 70,000 level.
✅As long as the pullback breaks below 2,100, look for 2,050–2,020–2,000.
✅If it rebounds and stabilizes at 2,120, watch for 2,170–2,200–2,220
⚠️ Special Reminder:
"Look more, move less, try small positions" — specific trading points are based on real-time signals from Ziqing.
#Strategy再增持4871枚BTC