4.10 Cryptocurrency Mr. Coin: Bitcoin (BTC) Market Analysis Reference
Bitcoin opened lower and continued to decline throughout the day. The price broke through to a lower level, currently touching the 74500 position and rebounding. In the short term, it stabilized and continued to rebound, but faced resistance at around 83500 and adjusted lower. The trend has already touched the short-term daily Bollinger middle axis resistance area. If it cannot rebound and break through this area, there is a risk of a reversal to the downside.
From the four-hour chart, the candlestick shows a typical W double bottom pattern. The Bollinger Bands are opening, and the price is operating in the upper band area. The upper band resistance is also near the ma120 position. Therefore, based on the current trend, the hope of breaking through to the upside is slim, so it is advised not to chase after the rise.
On the daily level, the MACD negative value is quickly converging. After a golden cross at the 1-hour level, it rose quickly. The daily RSI14 rose from 33.89 to 49.27, moving out of the oversold area; the 1-hour level peaked at 72.66, requiring caution for a pullback. EMA: The price is above EMA7 (80982), but EMA30 (83906) still presents downward pressure. The short-cycle EMA7 has crossed above EMA30, forming a bullish arrangement on the hourly chart. Overall, if the intraday coin price cannot effectively break through the Bollinger middle axis, it is expected that the market will continue to weaken. Recently, due to news impact, prices have been fluctuating significantly with large rises and falls, suggesting that coin friends operate with light positions and manage risks reasonably. It is best to enter the market in line with the major trend.
4.10 Bitcoin Short-Term Reference:
Light position short from 83300-74500, defend at 85500, stop loss: 500, target below 82500,
Long position focus on the break at 80000, long from 79500-80500, stop loss 500, target above 81300,
4.10 Ethereum Short-Term Reference:
Short position: 1720-1680, defend at 1830, stop loss: 1850, target below 1600,
Long position: 1430-1380, stop loss 30 points, target above 1500,
The chapter sending has a delay; the strategy suggestions are for reference only. The market changes rapidly, and regardless of how high the judgment and grasp of the market are, it is essential to have profit-taking and stop-loss measures in place, securing profits. #加密市场反弹 #BTC #特朗普暂停新关税 #ETH #BTC走势分析