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4.13 Evening Market Outlook
From the market perspective, Bitcoin continues its weak oscillation throughout the day, currently fluctuating around 70,700 with slight variations, and the overall downward pressure structure remains unchanged. As night deepens, the market is gradually consolidating. There's no need to regret missed opportunities, nor be lost in temporary gains; trading is a marathon, and every steady step lays the foundation for long-term profits.
On the 4-hour chart, after an initial dip, the rebound has been weak, with candlesticks consistently under the short-term moving averages. The Bollinger Bands are opening downward overall, with clear resistance at the middle and lower bands. The bulls have almost no effective counterattack strength. The current oscillation around 70,700 is a typical weak correction within a bearish trend, not a sign of stabilization or trend reversal.
Above, the 71,300–71,500 zone is a dense area of intraday resistance, and above that, 72,000 is a strong selling pressure zone. Multiple rebounds have been met with resistance and fallen back, indicating that the bears still hold dominant control.
The evening strategy remains mainly bearish:
Bitcoin: Gradually short in batches around 70,800–71,300, targeting the 70,000 level.
Altcoin: Short around 2,180–2,210, targeting support at 2,080.
Summary: The weak oscillation of BTC on 4.13 evening persists, with the 4-hour chart showing continued downward pressure. The area around 70,700 is just a weak correction within a bearish trend, not a trend reversal. Resistance above at 71,300–71,500. The evening outlook is mainly bearish, favoring cautious short positions. The market is tricky, so stay disciplined and maintain the rhythm—prefer short positions tonight, avoid blindly bottom-fishing, and prioritize risk control. #加密市场小幅下跌
The above is my personal analysis and for reference only!