The large pancake remains at a high level without dropping, and is gradually rising slowly, but there is some pressure around 950, forming multiple upper shadows.
From the hourly MACD perspective, it is currently in positive territory and the red bars are increasing, indicating strong upward momentum in the short term. The daily MACD also shows an upward trend.
At the same time, EMA7 and EMA30 have both crossed above EMA120, indicating a short-term upward trend. The order of EMA on the daily level also supports the upward trend.
However, as the KDJ and RSI indicators approach high levels, momentum weakens and a pullback signal is generated, requiring attention to the breakout situation at the high point of 958.$BTC
Therefore, over the weekend, we can lay out positions at 943 and 938, with the target set at the high point of 958. This position can also be used for light inventory layout, and if it breaks above 961, we exit!
Continuous high-level fluctuations, the market shows slight weakness, at this position there is short-term momentum to go down to 923, be cautious in chasing long positions!
Don't rush to chase after a morning surge; instead, follow after a pullback and a rise. After dipping in the early hours, the market rebounds and approaches recent highs. Although the overall trend remains weak, there is a slight increase in short-term momentum.
In the afternoon, continue to focus on light positions around the rise point, with key levels to watch at the previous highs of 86100 and 86700!
Currently, Bitcoin is experiencing a high-level oscillation with frequent alternations of small bearish and bullish candles. Although the lower space is gradually converging and a W-bottom pattern has formed, the short-term indicators show a slight weakness in the death cross state.
Operations can continue to maintain the rebound and enter positions. The upper levels of 805 and 812 can be used for staggered entry, while the lower levels to watch are the previous pullback lows of 784 and 774!
The early session once again tested the lows, causing the strength of the bears to intensify. As long as the previous high of 78000 is not broken, any rebound can be considered an opportunity to short.
Conservatively, wait for a rebound around the 770-773 range before shorting, and continue to monitor the situation if it breaks below 745, looking down towards 737 and 720.
The second target is also approaching, with nearly 5000 points of space gained in a day. Have you enjoyed the benefits? 😎😎
佑安日记
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Recently, the big pancake K-line has retreated from a high position, forming a series of bearish candles, which also confirms what we mentioned earlier that we are currently in a downward trend.
In the short term, it is currently in the oversold zone and will experience some rebound, but we need to constantly pay attention to the sustainability of the rebound. Because there has not yet been a clear reversal signal.
In terms of operations, we still need to focus on making trades during the rebound, with 788 and 794 as re-entry points. On the downside, pay attention to the previous low of 766. If this level is broken again, then the next target could go towards 740 or even 720!
The first target of the morning thought 766 has been perfectly reached, now let's see the continuation of the second target after breaking through 😎
佑安日记
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Recently, the big pancake K-line has retreated from a high position, forming a series of bearish candles, which also confirms what we mentioned earlier that we are currently in a downward trend.
In the short term, it is currently in the oversold zone and will experience some rebound, but we need to constantly pay attention to the sustainability of the rebound. Because there has not yet been a clear reversal signal.
In terms of operations, we still need to focus on making trades during the rebound, with 788 and 794 as re-entry points. On the downside, pay attention to the previous low of 766. If this level is broken again, then the next target could go towards 740 or even 720!
The morning's Kongdan strategy has at least 800 points of Kong space, and conservative investors can choose to take profits themselves.
佑安日记
--
Recently, the big pancake K-line has retreated from a high position, forming a series of bearish candles, which also confirms what we mentioned earlier that we are currently in a downward trend.
In the short term, it is currently in the oversold zone and will experience some rebound, but we need to constantly pay attention to the sustainability of the rebound. Because there has not yet been a clear reversal signal.
In terms of operations, we still need to focus on making trades during the rebound, with 788 and 794 as re-entry points. On the downside, pay attention to the previous low of 766. If this level is broken again, then the next target could go towards 740 or even 720!
On April 7, news broke that Trump just posted on his social platform stating that the United States has a huge fiscal deficit with countries like China and the European Union, and the only solution is to impose tariffs, which have already brought hundreds of billions of dollars in revenue to the United States.
He criticized the Biden administration for the expansion of the trade deficit with these countries and promised to quickly reverse this situation, emphasizing once again that tariffs are a "very beautiful thing" for the United States.
Recently, the big pancake K-line has retreated from a high position, forming a series of bearish candles, which also confirms what we mentioned earlier that we are currently in a downward trend.
In the short term, it is currently in the oversold zone and will experience some rebound, but we need to constantly pay attention to the sustainability of the rebound. Because there has not yet been a clear reversal signal.
In terms of operations, we still need to focus on making trades during the rebound, with 788 and 794 as re-entry points. On the downside, pay attention to the previous low of 766. If this level is broken again, then the next target could go towards 740 or even 720!
Key financial data and events to watch today: April 7, 2025, Monday
① To be determined China March foreign exchange reserves ② 14:00 Germany February seasonally adjusted industrial production month-on-month ③ 14:00 Germany February seasonally adjusted trade balance ④ 14:00 UK March Halifax seasonally adjusted house price index month-on-month ⑤ 16:30 Eurozone April Sentix investor confidence index ⑥ 17:00 Eurozone February retail sales month-on-month
The weekend short-term fluctuations and adjustments have somewhat converged, but the weakness remains unchanged. We will continue with last night's strategy, operating in the 835—838 area, with the target remaining the same!
Weekend market fluctuations are relatively slow, and the morning strategy has already shown good performance; those who are conservative can take profits on their own.
佑安日记
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The weekend short-term fluctuations and adjustments have somewhat converged, but the weakness remains unchanged. We will continue with last night's strategy, operating in the 835—838 area, with the target remaining the same!
On April 6, it was reported that the so-called "reciprocal tariff" policy announced by the United States has caused shocks in the US and global stock markets. Analysts at AJ Bell estimate that the value of global stocks has evaporated by about $4.9 trillion. The Financial Times reported that the US stock market has shrunk by $5.9 trillion in the past two days.
US President Trump recently forwarded a video posted by his supporters on social media. The video began with "Trump is causing a stock market crash... but he is doing it on purpose." The video was originally posted by an Internet user in March, and Trump forwarded the video on the social media platform "Real Social" on April 4.
Trump admitted on April 5 that the tariff policy caused global shocks, but he urged the American people to "remain patient." Trump posted on the "Real Social" platform that day: "We have always been stupid suckers in the past, but not now. We are revitalizing jobs and business in an unprecedented way." He wrote: "This is an economic revolution, and we will definitely win. Although it is not easy, we still have to hold on, and the final result will be historic. "