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April 19th, Saturday Market Analysis

Yesterday, affected by the US stock market closure, the market continued its oscillating pattern. The price fluctuated from a high of 85441 in the early morning to a low of 84260. Currently, there is a lack of significant news guidance, and it is expected to maintain the oscillating pattern over the weekend.

From a technical perspective: Key resistance for the price is in the 855-860 range above, with support in the 835-830 range below. The suggested trading strategy is to sell high and buy low within the support and resistance range. If there is an effective breakthrough, one can follow the trend for single-sided trades.

Trading Strategy for the Price: Aggressive traders may consider trading in the 85000-85500 range, while conservative traders should wait to enter in the 86000-86500 range. Set stop losses around 87500 and target the price at 84000-83000.

Risk Warning

Market sentiment is low, and liquidity is insufficient, so caution is needed regarding sudden fluctuations. During the US stock market closure, capital flow is restricted, and the market may continue to oscillate. For more detailed real-time analysis or specific trading strategies, there are still three spots left here at Astronaut. Brothers who are confused in their thinking and unable to perform well, hurry up and get on board!