5.18 Bitcoin (BTC) Market Analysis: Sharp Drop Cleansing, Turning Point Approaching!
Today marks a Black Monday for the market, with Bitcoin experiencing a notable correction, thoroughly shaking out short-term holders and providing a solid buildup for the recent upward trend. Real-time market movement: Bitcoin has been retracing from the previous high of 82800+, breaking through critical levels of 78000 and 77000 today, with a low around 76800. The 24-hour decline exceeds 3%. This round of sell-off has triggered a concentrated liquidation in the market, with over 100,000 users forced out, fully releasing short-term panic sentiment. Retail traders are panic selling, and the intention of the whales to shake out positions is quite evident.
Core technical signals: The daily chart shows a clear weakening trend, with prices breaking below the middle Bollinger Band. What was once a strong support level has turned into a resistance zone. At the same time, the RSI has fallen into the oversold territory, with bearish momentum continuing to release but nearing its end. The MACD death cross persists, and while the market remains weak, the space for further declines is significantly narrowing.
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Breaking the deadlock single-handedly? Justin Sun declares war on WLFI, taking on four core Trump factions alone.
A sudden storm has ignited the crypto community! The confrontation between Justin Sun and WLFI has escalated directly, and this game that has gone from cooperation to a complete break is attracting the attention of the entire internet with its sharp stance of "one person against four Trumps". WLFI issued a strong response first, stating that it possesses core contracts and solid evidence and is ready to file a lawsuit, adopting a firm and uncompromising stance. Justin Sun immediately countered, directly addressing the most crucial point of contention—the need to disclose the person behind WLFI's official management account, without beating around the bush or avoiding the core conflict.
It has long been rumored within the industry that the actual controller of the WLFI official account is deeply tied to the Trump family, making them a core force in its encryption strategy. The "four Trumps" who have been the focus of public attention are the key suspects in this confrontation. They were once seen as key figures "helping Justin Sun," but now they have become the biggest obstacle to Justin Sun's breakthrough.
Weekend Heavyweight: Major Changes in International Situation! Big Pie and Little Pie Linked Strategy (4.12-4.13)
🔥 Don't lay flat on the weekend! Geopolitical storms + capital undercurrents, the key turning window for BTC/ETH has opened! Understand the situation → logic → points → actions in one article
1. This weekend (4.12-4.13), the core storm of international situation
1. Middle East: Ceasefire is fragile, back-and-forth tug-of-war The talks between the US and Iran have just started in Islamabad, but Israel continues to strike Hezbollah in Lebanon, and Iran threatens to block the Strait of Hormuz again. There are no major trades over the weekend, but geopolitical sentiment can easily reverse — if an agreement is reached, risk appetite will soar; if talks collapse, safe-haven demand will surge. 2. Russia-Ukraine: Temporary ceasefire for Easter, peace signals beginning to emerge
1. Intraday: Position ≤ 30%, always use SL 2. Mid-term: Position ≤ 50%, scale in gradually 3. High-impact data (CPI/PCE): light position or stand aside 4. Trend bias: Bullish above $69,000; Bearish below $67,000
VII. Summary
- Short-term (1–7 days): Range rebound, light swing trading - Mid-term (2 weeks): Wide consolidation, buy the dip preferred - Long-term (1 month): Wait for clear direction, strict position control
BTC (big pie): about 69400 USD, 24h increase +3.8%, fluctuating rebound, fear and greed index 11 (extreme fear) ETH (second pie): about 2100 USD, 24h increase +5%, stronger than BTC, linked to strong
2. Today's (4.7) short-term strategy (quick in and out)
BTC
- Support: 69000—68500 (lifeline) - Resistance: 70500—71300 - Strategy: - Long: near 69000 with light position, stop loss 68300, target 70500/71300 - Short: pressure from above 71000, stop loss 71800, target 69500/69000
4.4 Main pancake and second pancake intraday strategy|Volatile grinding, catch key positions without chasing orders
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🔥 Good evening, crypto friends! Today's market is narrow and volatile, with both bulls and bears not making significant moves. Here are clear points and practical ideas for you to use after reading.
📊 Today's real-time market (as of the publication)
- $BTC Main pancake: approximately 68,100 USDT, 24h slight rise +0.48% Intraday range: 67,800 – 68,600, very small fluctuation, typical wash trading market - $ETH Second pancake: approximately 2,038 USDT, 24h slight drop -0.72% Weak sideways trend, following up trends but not down trends, cautious in the short term
🎯 Main pancake BTC intraday strategy
- Core logic: high-level volatility, whale control, retail investors on the sidelines, don't chase long or short positions recklessly
4.3 Bitcoin and Ethereum Today's Practical Strategy|Key Positions for Bulls and Bears + Operation Strategy
🔥 Today's market is narrow and volatile, with increasing divergence between bulls and bears, directly providing actionable trading ideas, no nonsense, pure valuable content 📊 Today's market overview - Bitcoin (</c-10/>): fluctuating around the 66000-67500 range, short-term bias to the downside, rebound under obvious pressure - Ethereum (</c-59/>): trend weaker than Bitcoin, consolidating in the 2050-2120 range, strong capital outflow willingness
🎯 Bitcoin (BTC) core strategy
- Resistance level: 67500-68000 (strong resistance area, rebound difficult to break through) - Support level: 66000-65500 (first defense), if broken, look at 64500 - Operation strategy: focus on rebounds in high positions, do not blindly catch the bottom
Bitcoin and Ethereum April 2nd Practical Strategy: Accurate high sell and low buy in volatile market, two plans to steadily gain profits
🔥 April 2nd cryptocurrency core strategy: Bitcoin and Ethereum in a volatile market, do not chase highs or panic sell, operate steadily within the range for guaranteed profits 📊 Core Market Overview (real-time data) - Bitcoin (\u003cc-83/\u003e): Current price $68117, tested $66200 strong support last night, rebounding to around $68000, $69000-$69500 as strong resistance, $65500 key support - Ethereum (\u003cc-73/\u003e): Current price $2075, tested $2013 for support in the early morning, $2080 as rebound resistance, $2000 is an unbreakable integer level
🎯 Two sets of practical strategies, suitable for both beginners and veterans
✅ Strategy One: Steady High Sell (Preferred choice, suitable for most people)
- $BTC : about $67,800, 24h +1.2%; last week broke 70,000, lowest $65,997, fear index 10 (extreme fear) - $ETH : about $2,050, 24h +2.1%, stronger than Bitcoin; holding crucial support at $2,000 - Liquidation: On the night of March 27, 120,000 people were liquidated, $446 million (largest single day in 2026)