#BTC☀
《Trend Changes — Current Market Analysis》
After last night's TRUMP surge, Taco advised everyone not to chase the rise and indicated that the price would drop back to around 11.5. Today, the price reached a low of 11.5, providing valuable reference information.
Today's overall market is mainly characterized by oscillating corrections, a healthy correction is for better increases. Although the big coin has corrected, it can still stabilize above the support at 92000. The hourly chart shows an oscillating upward trend, and the MACD golden cross is about to form, with resistance around the 96000 mark.
Ethereum, which entered around 1630, has today broken through the support near 1750 and has already exited at a profit. After a significant drop, its trend has weakened again, facing resistance at 1770 and 1800, with support now around the 1700 mark.
In the week ending April 19, the number of initial jobless claims in the US was previously 21.6, with market expectations at 22.2, and the reported value was 22.2, a positive result within expectations, with not much impact.
This week’s increase has already been sufficient. As the market consolidates, if the big coin can stabilize above 92000 after the line change next Monday, it will be a phase victory, and the market will not be overly sluggish. At that time, it will be back to Taco's area of expertise, finding more opportunities for every fan and friend.