—Technical analysis and operational advice. One can play well, hold onto profits, and can also be focused enough to surprise others.
One can also be reckless enough to scare others. In the face of the market, one must wait like a hunter and view the benefits as a norm.
Overall, the market this week first experienced a strong rally at the beginning of the week, pulling the price from around 81500 up to a high of 88500. The beginning of the week was focused on long positions at low levels, while participating in shorting at high levels as support.
With the onset of the tariff war at three o'clock in the early morning of April 3, the price fell from a high of nearly 5000 points, reaching a low of around 82500. Subsequently, the market fluctuated and repaired in the range of 81500-84500, and the price is now around 82800.
The price is close to the lower track, the upper and lower tracks are widening, and the middle track forms strong resistance, indicating that the bears are dominant.
The widening opening indicates an increase in volatility. If the price continues to operate along the lower track, it may accelerate the decline; if it rebounds to the middle track, we need to observe whether it can break the pressure.
The KDJ three lines are below 50 and diverging downwards, with the J value approaching the oversold area (<20), indicating heavy selling pressure in the short term.
Overselling may trigger a technical rebound, but if the KDJ has not formed a bottom divergence or recovered the 50 mid-axis, it is difficult to reverse the bearish trend.
DIF and DEA are below the zero axis, with green bars continuously expanding, showing weak bullish momentum. The MACD has not shown a bottom divergence or golden cross signal, indicating insufficient momentum for a bear attack, and one needs to wait for a golden cross confirmation above the zero axis to signal a reversal.
The large pancake rebounded to 83000-83500, lightly shorting with a target of 82000-81500
Ethereum rebounded to 1820 short, target 1750
