$BTC
4.18 Pancake Analysis: The market lacks liquidity and continues to fluctuate mainly
In the past three days, the market has not had much liquidity, and the overall performance has been mainly a sustained high-level fluctuation. The short-term outlook for the market will still be focused on fluctuations.
Today, at the hourly level, the market has been strengthening until it rises near 85500, where it encountered resistance and fell back. Overall, it has been maintaining a high position in the upper-middle track. For those who want to participate later, it is recommended to continue to use this position as a benchmark for selling high and buying low.
Current price support is at 83500-84120 below, with strong resistance at two target levels around 85400-86500-88000 above.
In the past three days, the market can only be traded for short-term positions. Unless there are special circumstances, it is difficult to see significant fluctuations. Brothers can take this opportunity to rest; there is not much to say about this kind of market.
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