$BTC
According to current market dynamics and technical indicator analysis, Bitcoin (BTC) is showing the following characteristics and predictions for the four-hour market on April 10, 2025:
Market Overview
After experiencing a morning high of 83,500, the Bitcoin price has retreated to around 82,200 and is currently oscillating within a neutral zone on the four-hour chart, intensifying the tug-of-war between bulls and bears. The daily MACD is converging in negative territory, with the RSI recovering to 49.27, showing short-term rebound momentum but has not yet formed a clear trend.
Key Support and Resistance
- Resistance Level: 83,500-84,000 (Bollinger Band upper limit and EMA180 range)
- Support Level: 80,000-81,000 (EMA300 and previous low formation support)
Technical Indicator Signals
1. MACD: DIF and DEA golden cross is expanding, but the histogram is still below the 0 line, indicating a weak rebound.
2. KDJ: The J value has entered the overbought range; caution is advised for short-term pullback correction.
3. Bollinger Bands: The convergence trend is evident, with the price approaching the mid-band at 83,500; a breakout may accelerate direction selection.
Operational Strategy Recommendations
- Bullish: If the price stabilizes above 81,000 and breaks through 83,500, a light long position can be taken, targeting 84,000-85,000, with a stop loss at 80,500.
- Bearish: Short when the price rebounds and is pressured in the 83,500-84,000 range, targeting 82,000-80,000, with a stop loss at 84,500.
- Breakout Strategy: If it breaks through 84,000 with volume, it may surge to 86,000; if it breaks below 80,000, caution is needed for a pullback to 77,000 or even lower.
Risk Warning
The current market is significantly affected by tariff policies and macroeconomic data (such as CPI), leading to increased volatility. It is recommended to operate with light positions, strictly enforce stop losses, and pay attention to real-time news changes.