2026-04-12 20:19:14

4.13 Early Morning Bitcoin and Altcoin Analysis

Bitcoin continued to fall yesterday. After dipping to around 70,750, it showed a slight stabilization. It is currently consolidating around the 70,900 area. Although the hourly level is arranged in a bearish order, the previous 71,800-72,200 zone was the area where longs and shorts switched. The current price has moved into the lower end of the previous dense trading zone, and there is also a lower shadow near 70,750. This suggests there is a short-term technical rebound demand. Aggressive traders can rely on this support to trade for a rebound.

Bitcoin Trading Suggestions
Entry Range: Make a light position around 70,500-70,500, with targets looking toward 71,500-72,000

Altcoin Trading Suggestions
Entry Range: Make a light position around 2,170-2,185, with targets looking toward 2,210-2,230
$BTC $SOL $ETH #Gate上线Pre-IPOs #美伊停火协议谈判再生变故

BTC-3,62%

SOL-4,59%

ETH-4,8%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes