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$BTC 4, April 19 Weekly Summary: BTC’s overall trend this week showed a surge followed by a pullback. On the daily chart, the choppy upward consolidation pattern that appeared has not been broken yet. Midweek, we also focused on two key levels: 738 and 750. After Friday managed to hold above 750, the main funds led retail traders to push the price higher, with the highest intraday point reaching 783. During the session, we also reminded investors in a timely manner about chasing orders—there was at least 3,000 points or more of upside space. On Saturday, with the brief high-level profit-taking and sell-off, the selling pressure sent the price down accordingly. The current price has reached around the 750 area, and basically, we’ve once again entered the upper boundary of the previous dense zone of the main funds.
For the day ahead, we still need to watch the support around the 750 level. If the hourly chart does not show a strong breakdown and test lower, it may still be possible to go long, targeting roughly 758-760 and around 765. The key defensive level during the session is the strong drop below 738—if that happens, you can look for support further down at 728-720. At that point, the price will move into a small-range consolidation phase! #山寨币强势反弹