🍀 Spring Date with Fortune, Prizes with Raffle! Growth Value Phase 1️⃣ 7️⃣ Spring Raffle Carnival Begins!
Seize Spring's Good Luck! 👉 https://www.gate.com/activities/pointprize?now_period=17
🌟 How to Participate?
1️⃣ Enter [Square] personal homepage, click the points icon next to your avatar to enter [Community Center]
2️⃣ Complete Square or Hot Chat tasks such as posting, commenting, liking, speaking to earn growth value
🎁 Every 300 points can raffle once, 10g gold bars, Gate Red Bull gift box, VIP experience card and more prizes waiting for you to win!
Details 👉 https://www.gate.com/ann
《Trump Ceasefire 5 Days, BTC Target $75,000?》
News: Certainty Completely Crushes Panic
"April 9" Becomes Market Anchor: Israeli officials revealed US plans to end war with Iran on April 9, and Trump withdrew the 48-hour ultimatum.
Core Logic: What the market feared most was "not knowing when it will start," now it has become "knowing when it will stop." This certainty gives institutional funds the confidence to make large-scale position adjustments above the 70,000 level. Current volatility is repositioning rather than distribution. Peace dividend continues to release: Straits restore passage, oil prices stabilize, global financial markets' risk-off sentiment (VIX) is rapidly subsiding, creating liquidity for BTC to surge to new highs.
Technical Analysis: "Box Consolidation" After V-Reversal
Indicator Repair (MACD): See Chart 12. The 1-hour MACD experienced a perfect "false dip dead cross above water," currently the fast and slow lines are re-converging above the zero axis, with green columns showing signs of volume expansion again. This is technically a typical bullish continuation pattern.
TD Indicator & Moving Averages: * Price is currently blocked at the previous pin-high zone, with a green TD9 signal appearing in the chart. This explains why the market felt a bit "flat" this afternoon—it's digesting overbought pressure.
Alligator (Alligator): The three lines remain fanned upward; price pull-back to the green line (lips) marks the bottom, indicating the uptrend remains intact.
Support & Resistance:
Strong Support: 70,200 - 70,500
Strong Resistance: 71,800 (Yesterday's pin-high top) 73,500 (Previous high trapped zone)
What Comes Next? (Trend Deduction)
Short-term (Tonight): Expected to continue narrow-range oscillation between 70,800 - 71,500, shaking out impatient leveraged funds.
Breakout Point: Once volume breaks through 71,800, it will quickly trigger short-covering buy orders, rapidly pushing to above 73,000, completing the final sprint to the $75,000 historical high.
Today's Practical Trading Suggestions
Long Position Holders: Your 70,200 long is suggested to hold.
Stop Loss Adjustment: Move the stop loss up to 70,500. This way, even if there's a "late-night reversal," you lock in profits.
Take Profit Targets: First Target: 72,500 (reduce half position, secure profit)
Second Target: 75,000+ (remaining portion bet on new historical high)
Missed Entry: If price pulls back to 70,600 vicinity, can accumulate in batches, but must set stop loss properly
"Did you miss the bottom last night? Don't dare to enter today? Follow Cake Papa, let me show you through the game logic between geopolitics and K-lines!" $67k