4.19 Bitcoin Analysis:
Yesterday, due to the Easter holiday, the US stock market was closed, and there were no significant news events to stimulate the market, resulting in Bitcoin being stuck in a consolidation phase. Now the consolidation has reached its limit, indicating that a trend reversal is imminent. Looking at the 4-hour chart, there is significant selling pressure above. At the same time, the MACD indicator's volume continues to shrink, and the signs of a top divergence are becoming increasingly obvious, suggesting that the risk of a market reversal is intensifying. In the short term, it is recommended to focus on short positions.
Operation Suggestion:
Short around 84800-85300, with a target of 83000-83500, synchronized with Ethereum #BTC走势分析