4.19 Crypto Market Mr. Coin: Bitcoin (BTC) Market Analysis Reference

Yesterday's market continued to exhibit narrow fluctuations, with the price movement range around a few hundred points, peaking at around 85000. As of early this morning, the price has maintained a consolidation sideways posture, currently operating near the 84500 position.

From the daily chart, yesterday's candlestick closed in the red, with prices facing resistance in the upward test. The coin price has been continuously operating in the upper medium area this week.

On the short-term four-hour chart, the Bollinger Bands are contracting, with the coin price continuing to operate near the Bollinger midline. The 4-hour candlestick chart shows prices fluctuating around 84500, forming multiple small candlesticks, indicating that the market is in a consolidation phase. The 4-hour MACD is in the negative zone, with the fast and slow lines close together, showing no significant short-term fluctuations. The 4-hour RSI is hovering around 50, not entering the overbought or oversold zone. The 4-hour EMA7, EMA30, and EMA120 moving averages are close together, with the short-term moving averages near 84500. Overall, the weekend market continues to consolidate sideways, and with strong resistance above, it is advisable not to chase the price higher and to be prepared for potential pullbacks. In summary, the operating suggestion is to focus on short positions during rebounds, with long positions as a supplement.

4.19 Bitcoin Short-term Reference:

Light short positions at 85200-86200, with a stop-loss at 87500, target below 84500 with a stop-loss of 500; Long positions at 83200-83800 with a stop-loss of 500, target above 84500.

4.19 Ethereum Short-term Reference:

Short positions: 1610-1650, with a stop-loss at 1850, target below 1500 with a stop-loss of 1800; Long positions at 1500-1550, stop-loss of 30 points, target above 1600.

There may be delays in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how accurate the market judgment may be, always set stop-loss and take-profit levels to secure profits.