4.14 Monday Morning Bitcoin Strategy
Yesterday, the market experienced limited fluctuations. Bitcoin encountered resistance and fell back after reaching a high of 85,500, currently consolidating around 83,000.
From the four-hour level, the Bollinger Bands show signs of contraction, and the price is correcting downward after being pressured at the upper band. The short-term key support is in the range of 83,500-83,000: if it stabilizes in this area, the upward trend is likely to continue; on the contrary, if it effectively breaks below 83,000, it may further retreat to lower support levels.
Morning operation strategy:
BTC trading range around 83,900-84,300, looking down to the 82,400 range.
ETH trading range around 82,600-83,000, looking up to the 84,500 range.
