Morning Thoughts on April 15th
On the daily level, the running channel continues to extend downward, with prices maintaining a weak consolidation. In the upper-middle track area, after a plunge, there hasn't been an effective rebound. The bear volume continues to diminish, and the moving averages have not seen a significant joint upward movement. This week, I personally still favor a short position initially, and whether the market can rebound and recover needs to be followed up after support is established.
Trading Suggestions
Bitcoin: Short near 85200, target 83500
Ethereum: Short near 1650, target 1580