From the hourly chart, the bullish momentum is showing a shrinking trend, and the KDJ indicator is running downwards, which indicates a downward trend in the market in the short term. However, switching to the four-hour chart perspective, the situation is different.
The bearish momentum of the MACD is gradually diminishing and is about to turn into bullish momentum. Meanwhile, the three lines of the KDJ are diverging upwards, showing strong upward momentum, and the price of Bitcoin has steadily moved from the middle band of the Bollinger Bands towards the upper band.
Bitcoin pullback: near 83300-83800, looking up to 85500
Ether pullback: near 1530-1550, looking up to 1650
The recent trend of Bitcoin has been just so-so! Tomorrow the US stock market will be closed, so there won't be too much fluctuation. As shown in the figure below, Bitcoin is focusing on 86000 above and 83000 below, in a range of fluctuation, suitable for shorting high and going long low. Brothers can grasp the space themselves.
Powell made hawkish remarks in the early morning, causing market turmoil!
U.S. stocks fell, and the dollar and U.S. Treasury yields rose. The market interpreted his speech as "the Fed will not rescue the market," leading to a sharp decline in rate cut expectations, with little chance of a rate cut in the short term.
Old Powell first criticized the inconsistency of Old Trump's policies leading to market instability, then poured cold water on investors by emphasizing the Fed's policy independence, stating that it would not ease monetary policy just because of a stock market decline.
He also clearly shut down rate cut expectations, insisting on continuing to reduce the balance sheet and maintaining tight liquidity. The underlying message is that market risks are borne by the investors, so do not expect the Fed to provide a safety net.
Starting this week, the trend of BTC has exhibited the characteristics of 'slow rise, stagnant decline, with alternating sharp increases and decreases'.
In the past 6 trading days, the market has maintained a narrow range of fluctuations.
It is expected that in the coming days, BTC may first welcome a wave of upward momentum. The prolonged period of consolidation has accumulated a certain amount of energy, thus reducing the risk of a sharp decline compared to before.
Given that the current price fluctuation range is relatively small, I won't elaborate further. If interested, readers can check previous related content. Here are a few core points summarized:
First, in the 4-hour and shorter timeframes, the key resistance levels have gradually been repaired, creating favorable conditions for short-term upward movements.
Second, from the perspective of 12-hour and longer timeframes, the previously formed composite M-top necklines and the long-term moving average system still constitute strong resistance, which will limit the space for initial upward movements.
Third, from a daily perspective, on April 7 and 9, when BTC touched or reclaimed the MA250 moving average, it was accompanied by significant trading volume, which is typical behavior of major players.
Since April 12, the price has been consolidating around the high point of the huge bullish candle that appeared on the 9th, which is likely a phase of accumulation after the major players have washed out the weaker hands, further confirming the expectation of an upward movement.
In this market, the assessment of the macro landscape and the analysis of technical trends often seem inadequate under the impact of sudden major news.
Ultimately, the rise and fall of the market has its inherent laws; when it rises to a high position, the pressure for a pullback will suddenly increase; when it falls to a bottom, the opportunity for a rebound will arise.
The bullish consensus in the market is built up through one buy transaction after another; the atmosphere of panic quickly spreads in a series of selling frenzies.
From the perspective of technical indicators, the MACD indicator has presented a rather contradictory combination of signals: on one hand, it shows a continuous increase in volume, which typically suggests ongoing capital inflow and increased market activity; on the other hand, the K-line price trend diverges downward, as if an invisible force is suppressing the price increase.
The posture is to buy near the 1520-1550 line, aiming for 1650.
After Powell's speech early this morning, the market experienced some pressure and decline, but soon rebounded quickly, demonstrating the inherent strong resilience of the market. From a technical analysis perspective, the K-line pattern shows that the price first experienced a significant drop, followed by a rapid and strong rebound, creating an extremely obvious long lower shadow at the bottom, and successfully stabilizing above the middle band of the Bollinger Bands. This is undoubtedly a relatively positive shape signal.
Looking at various technical indicators, they are currently showing a bullish trend: the KDJ indicator formed a golden cross at a low level and has continued to diverge upwards, releasing a strong buy signal; the MACD indicator's green bars are steadily shortening, indicating that the downward momentum is rapidly depleting. In summary, several key technical indicators have formed a resonance, all pointing to a bullish outlook for the future market, thus it is recommended that investors continue to maintain a bullish operational mindset.
The Bitcoin adjustment is at the 83000-83500 range for more, looking up to 85500.
The current trend of the pancake is very similar to last night, at the very bottom of the range. You might consider opening a long position with a light position; if it breaks, then cut it.
After several years of navigating the cryptocurrency market, experiencing countless ups and downs, I have summarized my insights into eight maxims.
1. Skillfully Use Morning Trends: In the morning, the market sentiment is at its purest. If prices plummet sharply, don't panic; it might be a good opportunity to buy at a low price. If the price rises sharply in the morning, don't be greedy; take the opportunity to sell for profit and secure your gains.
2. Master Afternoon Strategies: If there's a sudden surge in the afternoon, don't get carried away and chase the trend; it's mostly a false signal, and buying at a high can lead to losses. Conversely, if there's a significant drop in the afternoon, remain calm and observe for a while, often finding a good entry point the next day can yield low-priced assets.
3. Maintain Composure During Declines: If you wake up to see prices have plummeted, don't rush to cut losses. The market changes rapidly, and morning volatility can often be misleading. If the market is stagnant and shows no sign of movement, don't be anxious; it's better to take a break, conserve your energy, and wait for opportunities.
4. Strictly Adhere to Buying and Selling Principles: If the cryptocurrency you hold hasn't reached your expected high, don't sell easily; making a small profit is still a loss. If it hasn't dropped to your psychological price, hold back and don't rush to buy, to avoid catching a falling knife. During sideways phases, where the trend is chaotic and direction unclear, trading is undoubtedly like a blind person feeling an elephant; it's better to watch from the sidelines.
5. Operate with Candlestick Patterns: Buy on bearish candles and sell on bullish candles; this is a classic strategy. A bearish candle indicates a price correction and cheaper assets, making it a good time to enter; a bullish candle signals the formation of a short-term uptrend, so it's wise to sell at a high and secure profits.
6. Think Contrarily to Breakthrough: To stand out in the cryptocurrency market, sometimes you need to go against the crowd. When everyone is enthusiastically chasing, maintain a cool head; when panic-selling occurs, be more decisive and brave enough to act contrary, as this can lead to unique opportunities for wealth outside of mainstream trends.
7. Endure the Torture of Consolidation: When prices are consolidating at high or low levels for an extended time, it can be frustrating. Don’t let anxiety drive you to make rash decisions; be patient and wait until the trend becomes clear—whether it’s an upward breakthrough or a downward test—before you make your move.
8. Seize the Last Surge: After a long period of consolidation at high levels, if there’s a renewed upward movement, don’t hesitate; this is likely the final frenzy. Sell in a timely manner to keep your profits in hand, or else you might miss out, and the cooked duck could fly away.
White House Storm: Musk and Trump from Allies to Strangers
Recently, a dramatic scene occurred at the White House cabinet meeting when Elon Musk appeared uninvited. This in itself was eye-catching, but what was even more shocking was Trump's cold comment: 'He can sit here only because I happen to like him.' This brief yet contemptuous remark instantly brought the meeting's atmosphere to freezing point, thoroughly exposing the subtle yet tense relationship between the two in the public eye.
Looking back, Musk and Trump were once tightly bound allies of interest. At the beginning of this year, when Trump took office, he appointed Musk as the head of the 'Government Efficiency Department', granting him great trust and power. Musk lived up to expectations, confidently promising to cut $1 trillion in government spending, and for a time, this collaboration between political and business giants drew widespread attention and was viewed as a bold attempt to change the operational structure of the U.S. government.
A true bear market is when projects are ignored, social platforms are deserted, offline events are sparsely attended, and everyone is discussing 'how to change careers'.
But the current situation is far from that: project teams are active on social media, market makers are quietly positioning themselves, the media is constantly creating hotspots, and discussions about 'the next wave of opportunities' are rising and falling at various roadshows and gatherings.
What does this mean? It indicates that market sentiment is still present, funds are still flowing, and investor enthusiasm has not waned.
As long as people's spirits are not dead, the foundation of the market remains stable. Although there may not be a dramatic surge in indices in the short term, one can feel a sense of momentum building from people's interactions and exchanges.
Therefore, I believe that this is not a bear market, but rather a stage full of variables and potential.
Everyone is waiting for key signals; once triggered, the market will explode instantly rather than rising slowly. Looking back years later, this moment may be a perfect time for positioning.
Creating content, making investment decisions, and analyzing the market all ultimately require an understanding of human nature, and emotions are the most direct reflection of human nature.
This year's market sentiment is increasingly complex and changeable, but it is precisely because of this that people are more hopeful about the future.
BNB now offers a short position of 591, which can be secured at Luodai, with a target of 576 reached, successfully gaining 25 points
少宇a
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The current BNB short price given in the afternoon has a minimum gain of 7 points; those who are conservative can take profits, or they can reduce positions and hold.
The posture is the same, there is no difference from the pancake trend, at this position it is also possible to go for a light long position, looking up to 1630
The current trend of the pancake is very similar to last night, at the very bottom of the range. You might consider opening a long position with a light position; if it breaks, then cut it.