4/15 Market Review and Analysis

The recent market movements have been rather abstract, with volatility lower than last weekend and fluctuations of only about a thousand points. The main players seem to have their own interpretations, and the low buy signal given yesterday perfectly confirmed Luotian's Silk Road strategy. Entering around 84000 and exiting near 85000 yielded around 1000 points, while Ethereum captured about 20 points. Since the market isn't very large, there's no need to overanalyze; there is still some operational space in the short term. Going forward, Luotian is quite optimistic about a pullback followed by a rebound; those who understand, understand.

From a technical perspective, the daily chart shows two consecutive bearish candles followed by a bullish one, indicating that neither the bulls nor the bears have maintained a continuous trend. The Bollinger Bands are gradually narrowing during this consolidation phase. Although both KDJ and MACD are showing golden crosses, the momentum is clearly slowing down. The MA60 continues to press down, currently at around 86300. For today, we are watching the gains and losses around the 86300 line. The liquidation map indicates that if the price breaks above 88790/1950, over 800 million dollars worth of positions will be liquidated. If it falls below 80000, the liquidation pressure is over 700 million dollars. The current trend suggests a bullish outlook without chasing after the rise; instead, one should buy on dips.

Bitcoin pullback: Buy in batches around 84000-83500-83000, target near 87000, with a stop-loss at 81500.

Ethereum pullback: Buy in batches around 1600-1580-1550, target near 1700, with a stop-loss around 1500.