Blood rain and wind! The Bitcoin life-and-death showdown on April 18: The 85,000 defense battle is about to break out!
The price of $BTC is like a startled bird, wildly fluctuating around $84,800! The fierce battle between bulls and bears is in full swing, and with a slight misstep, one could lose everything!
1. Market Analysis
1. Market Trends
BTC has been bouncing back and forth between $83,700 and $85,500 over the past 24 hours, a typical 'range-bound' market, with the main force selling high and buying low, while retail investors may be caught off guard and get cut.
2. Technical Indicators
① Daily level: EMA30 ($83,800) is a strong support level, having been tested multiple times without breaking, indicating the bulls are still resisting; although the MACD's DIF and DEA are moving upwards, the volume is insufficient, and the upward momentum is lacking; the middle band of the Bollinger Bands ($84,000) has become a key short-term defense line, and once it breaks, the price may plummet to $83,000.
② 4-hour level: There is huge selling pressure near $86,000, with the K-line continuously forming long upper shadows, indicating the bears should not be underestimated; at the same time, the MACD shows a decrease in volume and a top divergence phenomenon, sharply increasing the risk of a short-term pullback.
3. Macroeconomic Factors
① Market Closure: Today, due to Good Friday, the US market is closed, resulting in sharply reduced market liquidity, and the market is likely to continue in a state of fluctuation.
② Policy Risk: Powell warns that Trump's tariffs may raise inflation, and expectations for a Federal Reserve interest rate hike are increasing, with BTC facing strong pressure between $86.5K and $88K; although tariffs on phones and chips have been temporarily eased, the word 'temporary' hangs like the Sword of Damocles, making funds reluctant to enter the market in large numbers.
2. Trading Strategy
1. Short-term Swing
① Long: Lightly try going long in the $83,500 - $83,000 range, with a stop-loss set at $82,500, targeting $84,500 - $85,500.
② Short: Set up short positions near $85,500 - $86,000, with a stop-loss at $86,500, targeting price levels of $84,000 - $83,500.
2. Dollar-Cost Averaging
Place an order for the first position at $83,000, building positions in batches, and develop a strategy. If the $83,000 support is broken, the short-term pullback may increase, and if a crash occurs, it could be a moment of huge profit.
$BTC