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The price of Bitcoin has fluctuated between 84200 and 84500 recently, forming a narrow consolidation pattern. The daily chart shows that after a large bearish candle appeared on March 20, the market entered a correction phase, and is currently in a rebound process. The MACD on the 4-hour cycle shows negative values and is gradually converging, indicating that the upward momentum is weakening. The short-term EMA7 and mid-term EMA30 are crossing upwards, showing short-term upward momentum; however, the long-term EMA120 is still above the current price, indicating that the overall trend has not completely reversed. Pay attention to Bitcoin support at 83000 and Ethereum at 1930. It is recommended to buy at low positions today.
Operation suggestion: Buy Bitcoin around 83500 to 84000, with a target near 85500; buy Ethereum around 1970 to 2000, with a target near 2100.
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