2026-04-12 12:03:30

4.12 Brief analysis of my outlook on the big cake

1. Trend breakdown: The 4-hour uptrend line was effectively broken by the sharp drop after the 73773 high. The short-term bullish trend has ended, and the outlook has turned bearish

2. Key level lost: The previous strong support around 72000 has been broken and has turned into strong resistance, making it difficult for any rebound to exceed

3. Top signal: The long upper shadow candle at the 73773 high confirms that this upward move has temporarily topped

4. Downward projection: The first target is around 70000. If it breaks, look for the 69000-68000 range on the medium-term downside

5. Trading idea: Short on rebounds in the 72000-72500 range, place a stop-loss above 73500, and follow the trend lower

6. Pay close attention to the daily chart: If the price closes below 718 at 8 a.m., it will form a dusk star top signal $BTC

BTC-3,42%

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