Monday, April 21, 2025

Bitcoin continues its strong trend, with bullish momentum slightly easing but still dominant. The current price is consolidating around 87,500, which is a key point for bulls to gather strength for another rise.

From a technical perspective, the 15-minute moving average system is in a bullish arrangement, and the MACD indicator's red bars are continuously expanding, indicating strong buying momentum. Although there is a short-term technical correction demand, the pullback space is limited under the influence of market sentiment.

For trading, I personally suggest that aggressive friends seize the current opportunity. At the current price of 87,400, take a small position in long orders. If the market pulls back to around 86,500, feel free to increase your position. The initial target is to look at the resistance level of 88,500. Once it successfully breaks through, bulls are expected to chase higher towards the 90,000 mark. Strictly set stop-loss levels to control risk, closely follow the market rhythm, and seize this wave of upward profit! #中美贸易关系