$BTC 2025.04.12 Market Analysis
Happy weekend everyone
The long position of 78488 arranged the day before has already reached 6000 points, and 83400 has also been hit. It would be better for everyone to take profits. Yesterday, after a pullback around 81588, we continued to enter, which means we benefited from two waves of increases.
#BTC This weekend should primarily range bound in the 81100-84500 zone. If it breaks through this range next week, we can follow the trend and go long, potentially seeing 88400. If it breaks below 81100, it’s best not to chase shorts but to place long orders below, around 78588.
Currently at the upper boundary, so aggressive traders can open short positions at the current price below 82000, with the stop loss at the previous high.
The market is gradually warming up; it is recommended to primarily go long on dips.