Friends, take a look! April 18th 9 AM BTC latest trend analysis!
Current price: BTC is currently around 84,800 USD, fluctuating between 83,700-85,500 in the past 24 hours. Simply put, this market is in 'range-bound volatility', with the main force playing high selling and low buying, while retail investors are getting cut back and forth, but let’s not panic; if we stay steady, we can win!
Key technical signals
1. Daily level:
EMA30 (83,800) is a strong support, it has tested multiple times without breaking, indicating bulls are still holding on.
MACD volume is insufficient; although DIF and DEA are rising, there is no sustained increase in volume, the upward momentum is weak.
The middle Bollinger Band (84,000) acts as a short-term psychological defense line; if broken, it may head straight to 83,000.
2. 4-hour chart:
There is heavy selling pressure near 86,000 above, and the K-line has continuously closed with long upper shadows, indicating that the bears are ambushing.
MACD volume reduction + top divergence, a pullback may happen at any time, those wanting to chase high should wait!
Macroeconomic influences
1. US market closed: Today is Good Friday, US stocks are closed, liquidity is reduced, and the market is likely to continue to 'grind slowly'.
2. Federal Reserve hawkish warning: Powell said yesterday that Trump's tariffs may raise inflation, forcing the Fed to raise interest rates, putting short-term pressure on BTC in the 86.5K-88K resistance zone.
3. Tariff exemption expectations: Temporary relaxation of tariffs on mobile phones and chips, market sentiment is slightly stabilized, but the word 'temporary' still carries risks, and funds are hesitant to enter in large amounts.
Operational suggestions
Short-term swing traders:
Long: Test positions in the range of 83,500-83,000, stop loss at 82,500, target 84,500-85,500.
Short: Ambush near 85,500-86,000, stop loss at 86,500, target 84,000-83,500.
Long-term believers:
Keep a close eye on the 83,000 support; as long as it holds, don’t let go! If it breaks, the pullback may be deeper, but in the medium to long term, the logic of 'Bitcoin protocol stability' that Dan Held speaks of still holds, and a sharp drop is an opportunity to buy the dip.
Last sentence: The market is not 100%, manage your stop losses to protect your capital! Don’t be greedy, take profit at 1000 points and run; as long as the green mountains remain, you won’t fear having no firewood!
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