4.23 Morning Thoughts

From a technical perspective, the daily chart shows four consecutive bullish candles, with the last two having long upper shadows. The Bollinger Bands are opening up, and the price has broken above the upper Bollinger Band on the daily chart. The price has remained above the 60-day moving average for two consecutive days. The KDJ lines are moving upward again at a high level, forming a golden cross, while the MACD lines continue to rise. The trading volume has significantly increased, so cautious trading is advised.

Currently, it is important to view the market rationally and not simply assume that a large increase will be followed by a significant drop or correction. At this time, the probability of a range-bound consolidation appears to be quite high.

Suggestions

Bitcoin: Short around 93,000, target 92,000, with a stop-loss at 93,500 #特朗普施压鲍威尔 $BTC