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#今日你看涨还是看跌? V-shaped reversal exceeds expectations! Are we now bullish or bearish? Bitcoin Market Analysis for April 14
Bitcoin's direct V-shaped surge is indeed rare; I initially thought the market would test the 69,500 support (middle band of the daily chart) before continuing upward, after all, the market's movements are not 100% certain—it's all about probabilities.
Unexpectedly, I overlooked this key indicator — the funding rate was extremely negative, combined with short squeeze and news catalysts, which directly triggered a strong rally. The overall market still aligns with early-month expectations; the inverted T pattern after consecutive declines naturally needs to be filled, but I didn't expect it to be filled in this way—most short positions yesterday were wiped out.
In the short term, there are no bearish signals; I don't plan to short now, and the market is likely to continue rising, possibly testing new highs.
Pay close attention to two key levels: the previous high at 76,000 is a point everyone is watching; if there's a false breakout, it will likely replicate the previous decline—an excellent shorting opportunity. If the price can hold above 76,000, the market will turn fully bullish, with the next key resistance at 78,000.
Trading strategy is simple: buy on dips to 73,000 with a small position; if 78,000 faces resistance, consider long-term shorts with a stop-loss above 73,000. The probability of a big drop this month is low; be patient and wait for the right opportunity, beware of consensus traps, avoid blindly chasing longs, and don't follow the herd.