4.14 Zhang Lihui: Is Bitcoin's surge a flash in the pan under the pressure of the trend line, continuing to fall? Today's (BTC) market analysis and trading reference! #巨鲸动向 #BTC #BTC走势分析 #BTC70K✈️ $BTC

Lihui clearly stated the long target of 85900 in yesterday's article, and the market once again validated this, also considering entry above the daily EMA180 (85900). This wave of shorts just hit the suggested long position from yesterday, and followers can calculate how much space is available; from the 1-hour chart, the candlestick has just inserted down close to the 83000 mark, piercing the lower track and EMA80 line forming a long lower shadow. The fast and slow lines are also converging in the evening without making progress but rather diverging downwards, indicating that the downside space may not be finished yet. Therefore, we can consider the nearby EMA120, EMA180, EMA220, and EMA300, which is the range of 82750-82370, as relatively rational entry points; this position coincides with the support formed by the 4-hour EMA30 and EMA60 range; the current level Bollinger Bands are tightening, with the top pressed down below 86000, indicating that Lihui's suggestion to short at the top of the trend line above 85900 yesterday was the right idea. The fast and slow lines formed a high-level death cross, but the volume below the zero line is still weak, indicating that the bottom support structure is still strong, just waiting to see if the volume below enhances further today! After all, if the 4-hour high-level death cross forms, it can be quite scary once the market falls! Therefore, for today's high point, we can still refer to the top position of the trend line. As the line slope declines, the high point may further decrease, and the upper pressure can see the MA300 (84700)-85300 range for secondary resistance! Shorts also need to continue to pay attention to this range for entry. Why can we short? Because the market just hit the 86100 position and then came down, without stabilizing, indicating that after the surge, it will enter a new round of oscillation channel!

Zhang Lihui, Beijing time April 14, 4:33 AM edited: Today's Bitcoin market analysis and trading suggestions:

Suggested long entry point: 82300-82700; stop loss below 82000; target 83700-84700, break 85000-85300 can continue to hold to around 86000;

Suggested short entry point: above 84700, stop loss 85400; target 83700-83000-82300; break 82300-82000 can hold to 81600 position, which is the daily middle track position;

$