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#GateSquareAprilPostingChallenge 4.13 Morning Bitcoin Analysis
The market currently shows significantly reduced bullish energy, the room for upward movement continues to narrow, and a sideways downward pattern dominated by bearish sentiment has formed.
It should be noted that the current position is at the relative lowest point of this correction wave, do not rush to excessively pursue short positions, be cautious of temporary rebounds caused by institutional support.
• Overhead resistance zone: around 72,000-73,000, is an area of trapped position accumulation and trend resistance level, if the pressure here cannot hold, it may gradually lead to short positions to capitalize on the continued decline.