# CircleToLaunchCirBTC

April 7 Morning Analysis
The 1-hour chart of Bitcoin surged to 70350 before showing a sudden, high-volume drop. After reaching the high, a single large bearish candle directly broke through the middle band of the Bollinger Bands. The moving averages formed a death cross, which is suppressing price action; the bearish signals are clearly confirmed on the technical side. Combined with pressure from external hawkish remarks and a strengthening U.S. dollar, the market saw concentrated profit-taking flow out. Funds that chased longs at high levels were all trapped, and fear-driven sentiment intensi

The evil dragon roars, brothers! We're so broke we can only afford fried rice!$BTC $ETH #Circle将推出cirBTC

BTC Weekly Summary
This week, there were a total of 7 public strategies.
The rhythm, direction, and entry points perfectly aligned with the market trend.
The market is never short of opportunities. The true watershed moment is never whether an opportunity appears, but whether when opportunity knocks, you have the insight to seize it, the decisiveness to act, and the execution ability to follow through—so you can grasp your share of the gains.
$BTC #国际油价走高
$GT #Circle将推出cirBTC
$ETH #稳定币争议升温

Today Silk Road
The market remains within a range, consolidating with no clear trend.
Key resistance above is closely watching 67,500, while the core support below is at 66,500.
Real trading validation:
After reaching a high of 67,166, it faced resistance and pulled back as expected; after testing a low of 66,575, it stabilized and rebounded.
The range forecast was accurately fulfilled, with the points and rhythm perfectly aligned. Everything is under control. Difficult?
$BTC $GT $ETH
#国际油价走高 #Circle将推出cirBTC #稳定币争议升温

This week's performance is available, with a massive 50k oil cut.
The market will always reward those who understand and hold on $BTC #Circle将推出cirBTC

April 4 Bitcoin Public Strategy
Bitcoin closed out its 15-minute level of fluctuations, with bearish momentum in the lead. Precisely lay short orders in the pressure zone of 66,900-67,000, targeting 66,600-66,250. Take light positions to follow the trend, and strictly control risk!
As long as 66,240 holds and does not break, consider low-buy long positions to game a rebound. Target 66,800-67,300. In a range-bound market, don’t chase highs—only trade the certainty of opportunities at key levels!
The market is never short of opportunities—the missing piece is discipline to align knowledge with

#Gate广场四月发帖挑战 cirBTC is a wrapped Bitcoin (Wrapped Bitcoin) token launched by Circle. The specific information is as follows:
Basic Definition
cirBTC is a tokenized asset anchored 1:1 to Bitcoin (BTC), realized through blockchain technology to map Bitcoin on-chain, enabling Bitcoin to be used on blockchain networks such as Ethereum and Arc, while retaining Bitcoin’s value properties.
Core Features
1:1 Anchoring: Each unit of cirBTC is fully backed by 1 Bitcoin, with reserves verifiable on-chain in real-time to ensure transparency and security.
Institutional-Grade Design: Specifically designed

The weekend short-term long setup is not ideal anymore. Let's wait and see. A wave of short positions in the morning was followed by a midday long setup, and both were profitable. Weekend trading is still very comfortable; even without large swings, small moves can be profitable! #国际油价走高 #Circle将推出cirBTC #稳定币争议升温 #GENIUS实施规则草案发布 $BTC $GT $ETH