4.15 Tuesday Afternoon Bitcoin Market Analysis and Trading Suggestions
Reviewing the high short positioning strategy layout from the morning, we have provided several short-term opportunities in real trading. Currently, the market is slowly moving upwards in a consolidation phase, consistent with our morning short analysis. The market has not shown significant fluctuations, and short-term trades can be made with small positions, waiting for the right opportunity. For the afternoon, we continue to maintain a high short strategy, synchronized with Ethereum.
On the four-hour level, the Bollinger Bands are narrowing, making it difficult to see a one-sided trend; seizing the entry timing is crucial. The price is moving within a narrow downward channel, oscillating lower, with weak bullish momentum. Moving averages across various time frames are diverging downwards, indicating a bearish dominance. The daily level is similarly not optimistic, with the running channel moving downwards, and prices are weakly consolidating without effective rebounds since the decline from the upper track. Although bearish momentum has decreased, the downward trend continues, and moving averages have not significantly risen, creating a strong bearish atmosphere.
Tuesday Afternoon Suggestions:
Bitcoin around 85800, target focus on 84000.
Ethereum in the 1670-1700 range, target 1550.
