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4.10 Bitcoin short-term: Focus on rebound and shorting
In the short term, Bitcoin is still in a high-level, range-bound oscillation under a pressured setup.
• Resistance: The 72,500-73,100 range is a strong resistance zone. If price rebounds back to this area, prioritize shorting.
• Support: The key defense levels below are 70,500-70,000.
• Trading strategy:
Short position: Enter at 72,500-73,000, cut loss above 73,500, target 71,500 → 70,500
Viewpoint: The trend of the “short side” has not changed. Focus on shorting on rebounds; don’t chase after #BTC