Evening Analysis on April 11

The recent market for Bitcoin has shown a wide range of fluctuations. From the 4-hour technical chart analysis, the price has repeatedly attempted to break through the 83500 mark, but has not been able to effectively overcome it. The upper Bollinger Band has formed strong resistance, indicating that the bullish momentum is gradually weakening, and the upward momentum is significantly insufficient. The key support level below is at 80000. Once this support is effectively broken, the market may open up new downward space, and the subsequent market trend does not look optimistic. Considering the current technical characteristics, Bitcoin is facing significant technical correction pressure in the short term.

Evening Trading Strategy

(Bitcoin): It is recommended to place short positions in the range of 82500 - 82800, with a target price aimed at 80000. A breakthrough is seen at 78000. #比特币