#GateLaunchesPreIPOS 💥Analysis of Bitcoin's latest market situation on the morning of April 13, with major international news shocks causing a complete reversal in Bitcoin's trend!

Previously, BTC surged to a high of 73,773, then directly entered a unilateral decline mode, repeatedly breaking through the middle and lower support levels, with the moving average system fully showing a bearish arrangement. The price stayed close to the lower band and continued downward, clearly dominated by a bearish trend, and the market sentiment has completely shifted!
💰Key attack and defense levels for BTC
✅Resistance levels: 71,000 → 71,500 → 72,000
✅Support levels: 70,000 integer level, if broken, directly target the 69,000-68,000 range
📌Practical trading suggestions
Currently, Bitcoin is in a 1-hour downward trend, with market funds fleeing significantly, and bearish forces fully in control!
Core trading idea: Favor short-selling in line with the trend; long positions are only suitable for catching oversold rebounds for short-term gains. Be sure to strictly control position sizes and implement risk management!
Pay close attention to the key support zone of 70,000-70,500:
❌Support break: decisively follow the trend to short, with the target directly below 70,000
✅Support stabilization: lightly position for short-term rebound trading, aiming at the 71,000-71,200 range above#GateLaunchesPreIPOS