April 11: Bitcoin Half Gate Pattern: The market is currently in a tug-of-war between bulls and bears, and retail investors are suffering greatly.

Bitcoin's north and south trains will both reach their destinations by yesterday, and the video also provided everyone with accurate insights. The only downside is that our second northern position was stopped out; I reminded all the brothers in yesterday morning's article not to chase the long when the price was around 82K. Due to OBS being unable to live stream for some unknown reason yesterday, the scheduled stream did not go live. Tonight at 9 PM, I will hold a live stream to explain the future trends.

The daily line level shows a long candle followed by a short candle, indicating that the southern forces are somewhat weak in the short term. Bitcoin has formed a W-bottom pattern and last night showed a half gate pattern, where the southern forces were weakened near 78500, rebounding to above 80K. Currently, the northern forces are trying to break through the short-term defense level of 80800-81200. If the southern forces lose this level, it will further push down to the next defense line of 82300, which is the southern forces' next line of defense. The hourly level just touched the 200-day moving average, which was resisted. In the future, if the southern forces do not receive support, Bitcoin may directly break through this defense line. For short-term focus, just keep an eye on this level. If it doesn't break through, it may be a chance to go short. The MACD indicator on the hourly level is operating below the 0 axis. If it breaks through the 0 axis, then during the daytime today, it will first move north and then move south. The bull-bear battle requires waiting for the right timing to break the deadlock.

Entry Strategies

Ultra-short south at 80800: risk control 280 points: destination around 500 points

Short south near 82200: risk control 560 points: destination 1000-1500 points

Medium south at 83450: risk control 1000 points: destination above 3000 points

Ultra-short north at 79800: risk control 240 points: target 600 points

Medium north at 88888: risk control 780 points: target 2000-2500 points

$BTC 💪

Road conditions may change at any time, everyone should prepare for unexpected events. Combine Lao Wang's insights with your own to summarize your own trading system, and you will outperform most people. Not being affected by the fluctuations of the market is a must-learn course for everyone. May the brothers find their own light in this chaotic market $BTC $ETH