4.14 Morning Market Analysis.

Reviewing the cryptocurrency market this weekend, overall trading activity was high, with significant price fluctuations. Bulls attempted to break through the key price level of 85000 multiple times, but this position showed significant resistance, and each test faced pressure and retreated, making it difficult for the upward trend to sustain, indicating strong defensive power from bears at high levels.

From the four-hour candlestick pattern, there is a frequent alternation of bullish and bearish candlesticks. This candlestick combination pattern indicates that the forces of bulls and bears are in a phase of contention and transition, with bearish strength gradually increasing. This is visually manifested as a notable increase in market selling pressure in the short term, with a large volume of sell orders emerging, making it face enormous resistance to upward breakthroughs, with bears dominating in the short term.

Morning trading suggestion: Consider placing short positions for Bitcoin in the range of 84500 - 85000 at high points, with a target level below looking towards 82500. #BTC #比特币