April 18 Morning Silk Road

Bitcoin around 85500-86000, target 84400-83500

Ethereum around 1610-1640, target around 1550-1500

Last night, we noticed that Bitcoin experienced a pullback near 83700, then rose to 85400.

Entering midnight, the price trend stabilized, fluctuating around 84000.

Today coincides with Good Friday, U.S. stock markets are closed, and market volatility is expected to be limited.

From a technical perspective, the overall market is still in a fluctuating state, with many K-line patterns showing long shadows.

The MACD indicator continues to operate below the zero line, with the distance between the fast and slow lines gradually narrowing, indicating a certain demand for a rebound; however, the overall downward trend has not yet reversed.