Friday Morning Bitcoin 4-Hour Chart Analysis


Pullback after three-wave rally, low-buy opportunity has emerged! Guys, let me give you the straight goods! Today we're watching this 4-hour K-line closely and I'll break down the market logic, structure, and opportunities for you!

First, the big picture: Standard three-wave up move, trend direction crystal clear. Starting from the low of 62495 in late February, this rally is textbook Elliott Wave structure:

Wave 1: Launched from 62495.6, first wave rally completed trend reversal, established bullish foundation

Wave 2: Normal correction and shakeout, after retesting, another push higher—classic uptrend continuation

Wave 3: Main impulsive wave, high reached 75968.8, completing the main rally leg of this uptrend.

Meanwhile, the uptrend line from wave 1's starting point has supported all the way to now—it's the core lifeline of this bullish move. As long as the trend line doesn't break effectively, the big picture remains bullish.

Short-term enters correction phase, but MA30 still holds above, mid-term bullish trend hasn't completely deteriorated. Current declines are all normal pullbacks after the rally! After wave 3 topped, pullback correction—bulls gathering strength. Buy on pullback in batches, strict risk management.

Markets always go up and down. The pullback after the three-wave rally is our boarding opportunity! Follow your plan, scale in gradually, strict risk management, ride the trend and make profits!

Our long from last night got too deep, we exited halfway yesterday.

Today's Trading Plan
Buy directly near 69
Aggressive traders can light position at 70k level and add on pullback
Target 73-74
Break above 76!
Support at 68 #Gate13周年全球庆典 $BTC $ETH #美联储维持利率不变
BTC-1,09%
ETH-2,68%
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