4/14 Market Review and Analysis

Due to the landing of tariffs transforming from negative to positive, as Trump's heavy-handed approach ultimately proved to be of little effect, claiming that the tariff settlement system experienced a failure, Luo Tian feels that this is a case of seeing through yet not speaking out. The Silk Road projected yesterday also rose as expected, and having over a thousand points of space heading into the weekend is quite good. The overall trend is basically consistent with what Luo Tian mentioned, and friends keeping pace with small steps should be doing well.

Technical analysis shows that the 1-hour chart indicates the Bollinger Bands are pushing down, with prices oscillating lower and market sentiment leaning towards bearish, overall belonging to a downward channel. From the 4-hour chart, the Bollinger Bands are beginning to narrow, with bearish momentum gradually strengthening, indicating that the market is entering a correction phase. The K-line may first pull back to the middle track. Luo Tian suggests paying attention to resistance levels above at 85500-87300-88500, and support levels below at 82000-81000-80000 as well as 79000. Personally, I still expect a rebound after the pullback, so for those following Luo Tian, it is suggested to wait for a pullback before entering to make a move.

Bitcoin pullback: around 83500-83000-82500, targeting near 87000, with a stop at 82000-81500.

Ethereum pullback: around 1620-1580-1550, targeting near 1680, with a stop at 1500-1480.