Afternoon Analysis on April 12th The bull market is far from over, but 80% of people will ultimately fall before dawn! On Sunday, the US-Iran negotiations failed to reach an consensus, with clear disagreements on both sides. Once the news broke, the market weakened accordingly, and Bitcoin also retreated from $73,700 to around $71,200. I have repeatedly emphasized before not to blindly follow market rises and falls. Previously, I suggested taking profits around 73,100. Those who followed the rhythm have already successfully avoided this round of pullback. I also reminded this morning that if it cannot break above 74,000, it can be tested as a resistance level for a short-term pullback. Currently, the negotiations have not been completely terminated; they are just temporarily unresolved. A turnaround could happen at any time later. Therefore, at this stage, do not rush to short, but instead, take advantage of the pullback to set up long positions for a rebound, with targets not too high. Specific operations: Buy in batches around Bitcoin’s range of 70,500–71,400, with a target of up to $72,800, strictly keep a light position, and reserve funds for adding positions. For Ethereum, set up long positions in the range of 2,200–2,225, with a target near $2,300, also operate with a light position and good risk control. I am Yifan. The market never lacks opportunities; what’s missing is calm patience and decisive action to help you precisely grasp each wave of market and seize the moment together. #BTC #ETH #美伊和谈未能达成协议

[Urgent Analysis] BTC plunges to 71,300! After both bulls and bears are wiped out, where is the ultra-short-term opportunity? Brothers, beware of big volatility! Just today, influenced by external news, BTC rapidly dropped near $71,300, causing a quick wipeout of both bulls and bears, with extreme fluctuations. Key level: The $71,000–$71,300 zone becomes the most important psychological and technical support area for the day. Once a volume-driven breakdown occurs, the next support may look toward the $70,000 round number. Technical signals: From a higher timeframe perspective, this rally and pullback happened near the upper boundary of a triangle consolidation pattern, which is a "failed breakout" structure, increasing short-term uncertainty. Ultra-short-term response strategies: Aggressive bottom fishing: Only when the price quickly touches $71,000 and a 5-minute long lower shadow appears, can you lightly position for a rebound, targeting 100–200 points, with a stop-loss below $70,800. Rebound shorting: If the price rebounds to the $72,000–$72,300 resistance zone but trading volume diminishes, it can be seen as a short-term shorting opportunity, with a stop-loss above the previous high. Currently, the market is dominated by news sentiment, and technical analysis may fail in the short term. Be sure to trade lightly and watch your stop-loss like an eagle! Did you dodge this plunge? Do you think the support at $71,000 can hold? Like, comment, and share your real trades! $BTC

Next station, all hands on deck to escape the air force and unwind the position! Many brothers have been asking in the past two days: Will the short positions that are trapped still fall? Is a bull run coming? My view is very clear— the overall trend remains bearish, and 66,500 is still a key target level. That morning’s waterfall drop, actually, everyone knows the reason: The US-Iran negotiations failed to reach an agreement, in other words, they collapsed. Such things are inherently difficult to succeed, and once the news drops, the market naturally reacts. Here's a key point: Just yesterday, it broke through 73,000, and many started chasing longs, thinking the trend had changed, But what happened? They were immediately caught at high levels. Rising to chase, falling to chase—this kind of operation is very easy to be repeatedly harvested. Think about one more thing: If they really wanted to push the price up, they would have already surged past 76,000 in one go, Would they still be hesitating and bouncing around like this? Looking at the market details: Although the 4-hour chart shows oscillation upward, the MACD has already formed a top divergence, The daily chart has already topped the upper band, and the space above is limited. Trying to chase longs at this position is basically setting oneself up to be a sucker. Combining the environment: The overall sentiment is still bearish, In a bear market, what is the purpose of a pump? It’s not to make you money, but to induce longs, shake out traders, and harvest. There aren’t many trapped positions above, it looks easy to push, But think from another angle—without liquidity, without anyone to take the other side, why would the main force push? So the overall strategy doesn’t need to change: Take it slow, don’t be led by short-term rebounds, In a bear market, shorting remains the most cost-effective. In one sentence: A rebound is an opportunity, the trend hasn’t changed, and a bigger decline is still on the way. #Gate现货衍生品双双冲进全球前三 #Gate广场四月发帖挑战 #Meta推出AI模型MuseSpark $BTC $GT $ETH