# Friday Morning Bitcoin 4-Hour Chart Analysis

After a three-wave rally and pullback, low-buy opportunities have emerged! Folks, here comes the real content! Today let's focus on this 4-hour candlestick chart and break down the market logic, structure, and opportunities for you!

First, the big picture: Standard three-wave rally, trend direction is crystal clear. Starting from the low of 62495 in late February, this move follows a textbook ascending three-wave structure:

**Wave 1:** Initiated from 62495.6, the first rally completes the trend reversal and establishes the bullish foundation

**Wave 2:** Normal pullback and washout, followed by another push higher - a classic uptrend continuation

**Wave 3:** The main ascending wave, pushing up to a high of 75968.8, completing this round's primary uptrend phase.

At the same time, the rising trendline from Wave 1's starting point continues to support the entire move today - it's the core lifeline of this bullish run. As long as the trendline isn't effectively broken, the big picture remains bullish controlled.

Short-term pullback phase, but MA30 remains above, the mid-term bullish trend hasn't completely deteriorated. Current declines are all normal pullbacks after the rally! After Wave 3 tops, pullback is the bulls accumulating strength. Trade pullbacks with scale-in positions and strict risk control.

Markets always fluctuate - the pullback after a three-wave rally is our boarding opportunity! Execute scale-in positioning according to plan with strict risk management, follow the trend and profit!

We exited our longs halfway yesterday after adding position as it got too large.

**Today's Trade Setup:**
- Direct long entry around 69
- Aggressive traders: Light position at 70k level to scale into pullbacks
- **Target:** 73-74
- **Break:** 76
- **Stop Loss:** 68#Gate13周年全球庆典 $BTC ‌$ETH ‌#美联储维持利率不变