🔥 April 13th Big Cake Public Strategy

After the shorts brutally smashed the market, the downside momentum has completely run out! Bullish counterattack signals are fully triggered— the “eat meat” window for an oversold rebound is officially open!

From the peak of 73094 all the way down to 70458, the short-term oversold drop is nearly 2,600 points, with a decline of more than 3%. The bears’ final sell-off has completely forced the panic orders out—now, the falling is all a bear-trap to bait in buyers! The support zone between 70400-70600 has been tested three times; if the bears try to sell again, they simply can’t push it down anymore!

💥 Core signals are fully in place:
The capital exodus wave has completely bottomed out. After a net outflow of 3.38亿, the dip-buying positions have already entered to step in and absorb supply; the low-level volume spike showing a clear stop to the sell-off is unmistakable. What looks like weak consolidation is nothing but the bears’ final “induce-buy” performance— the bulls’ counterattack is already right at the bowstring!

Moving averages are turning and repairing. The price has returned to above the short-term MA7 again. The MACD green bars are continuously shrinking, and a low-level golden cross is about to form! After the oversold move, rebound momentum is accumulating—signals of a bullish trend reversal are getting clearer and clearer!

🎯 Trading advice:
Go long on dips in line with the trend. Buy on pullbacks around the 70300-70600 range, with targets at 71400-72000.
$BTC #Gate广场四月发帖挑战