#BTC Monday night analysis and outlook for Bitcoin on 4.13

Recent volatility has intensified, originally expecting a 1:1 proportional upward move, targeting around 75,455. Unfortunately, the rebound only reached 73,773 before facing resistance and falling back, and it directly broke below the neckline at 71,457. After breaking down, the hourly bullish trend clearly weakened, and subsequent rebounds failed to re-establish above the trend line and neckline, continuing to test the lower boundary of the box at 70,456 support.

70,456 was a key previous resistance, which has now turned into strong support after a breakout. Multiple attempts to test this level previously succeeded in breaking through and led to the move to 73,773. This level is likely to be tested repeatedly; holding it offers a chance for a rebound. If it breaks effectively, the 73,773–70,456 box structure will be invalidated, and a phase reversal on the hourly chart will occur. The strong support below is at 69,226. If this is lost, the current hourly upward structure will be completely over. The current trend can only stabilize and rebound if it holds above 71,457; otherwise, it will remain volatile. If it breaks below 70,456, further downside targets are at 69,226.

Monday night trading suggestions for 4.13:
- Volume breakout above 71,355, follow on the long side
- Volume breakdown below 70,559 with a rebound that fails to recover, follow on the short side, strictly set stop-loss.