4.11 Morning Bitcoin Auntie Strategy Share

Yesterday, Bitcoin once dropped to around 78500. However, after the bottom support level stabilized, a short-term rebound occurred, with the highest price reaching the round number of 80000. Nevertheless, the upward pressure remains significant, failing to achieve a substantial breakthrough, and instead maintaining the current oscillation pattern. It has currently risen back to around 79600.

From the technical analysis at the 1-hour level, it has now broken below the middle band of the Bollinger Bands, and the Bollinger Bands are widening, indicating the dominance of bearish forces. The three lines of the KDJ indicator are all below the value of 50, with the J line tilting downwards, reflecting a weak state and the control position of the bears. At the same time, the MACD indicator has formed a death cross, with the histogram extending below the zero axis, indicating that bearish momentum continues to strengthen. Overall, both bullish and bearish signals point to a downward trend, and it is expected to further decline in the short term.

Bitcoin Recommendation: Around 80000 🈳 Target 78000

Auntie Recommendation: Around 1530 🈳 Target 1460#加密市场反弹 #美国加征关税 #交易心理学 #CPI数据来袭 #币安投票下币 $BTC $ETH