Bitcoin is currently maintaining a range between 91000 and 95000; this range has been in place for a long time, with positions gradually concentrating, facing a directional breakout.
Suggestions:
Bitcoin: Breakout Strategy: If the price effectively breaks above 95000 with strong volume, one can follow the trend and look towards 96500 to 98500; Range Strategy: Position near 94200 with a target of 92000 (previous support); if it breaks, look down to 90500 to 88800;
Ethereum: Attempt to position in the high range of 1780 to 1800, with an initial target of 1720; if it breaks down, continue to look at 1665; If it effectively stabilizes above 1850 and confirms with a bullish close, one can reverse and follow the trend.
Do not chase the rising market, do not short/sell; prioritize light positions and wait for a breakout to add positions.
Ethereum is currently in a short-term retracement phase, with the 1755 to 1750 range being a key support area; if it holds steady here, it is likely to test 1765 to 1770 again; if it breaks down, attention should be paid to the 1740 support line, and the trend will turn weak;
Trading Suggestions: Do Dan Silk Road: Focus on the 1750 to 1755 support area; after stabilizing, you can lightly try to go long; Set the stop loss below 1745, with a target of 1765 to 1770; 🈳️ Dan Silk Road: If the price rebounds to around 1768 to 1771 and is under pressure, you can consider a short; Set the stop loss above 1775, with a target near 1750;
4.24 Afternoon and Evening Key Observation Points:
Will the main contract at 92,000 hold steady? Holding steady = buy on dips; breaking down = be cautious of a pullback to 90,500; Changes in rubber volume (especially before the U.S. market); Increased volume down → 🈳️ head leads; Decreased volume consolidation → high-level sideways consolidation and other news;
Will the second contract break through the key resistance at 1,830? If it can break through with volume, it indicates the beginning of a rebound, and one can look towards 1,850+;
4.24 Morning Analysis The overall trend of Bitcoin is strong, entering the breakout phase after consolidation, and pullbacks present opportunities; the trend of Ethereum is stable, with a healthy structural trend and strong expectations for a price increase. The current market structure is clear: high-level consolidation → pullbacks for accumulation → waiting for a volume breakout;
Rough Suggestions: Bitcoin key support levels: 92700, defend at 91800, target 94500 to 95000; if it breaks 95000, look for 96000+ Ethereum key support levels: 1760 to 1770, defend at 1745, target 1830-1850
Although the market is strong, still avoid greed, prioritizing risk control and following the trend.
Evening Analysis on April 23 There is an advantage in the market, but one should not be blindly optimistic; the risk of a short-term pullback cannot be ignored: especially since the deviation of Bitcoin is too large, one should be cautious of a rise followed by a drop;
Rough Work Suggestions: Bitcoin is in a strong position, with 93000 to 93200 being key support points for the day, aiming for 95000; The second cryptocurrency is currently in a follow-up rhythm, with around 1780 being a good buying opportunity, aiming first for 1830 and then for 1860; It is recommended to lightly test positions, with a focus on quick entries and exits, reducing the impulse to chase prices at high levels, and paying attention to changes in trading volume during the evening US trading session.
4.23 Morning Analysis Overall structure is slightly bullish, aiming for a small correction in the uptrend 📈; a slight top divergence has appeared, suggesting a slight decrease in momentum 📈; attention is needed on the pear testing situation in the 94500 to 95000 area.
Trading Suggestions: For Bitcoin, consider going long near 91000, target 94500-95000, set a stop loss below 90000; For ETH, consider going long in the 1720-1690 range, target 1800-1830, set a stop loss below 1670;
The price of Bitcoin is currently operating at the upper band of the Bollinger Bands, indicating a strong trend. However, the top space is limited; if there is a lack of trading volume in the short term, it may easily trigger a pullback correction. The 1-hour EMA7 is tightly bound with the price; if it breaks below 87250, it is likely to trigger a test of the 86500 support.
Trading Suggestions: Bitcoin: Strategy One: Short at High Levels (Short-term Defensive) Entry Range: 87800-88600: This is the top consolidation pressure zone; if there is an increase in volume without breaking or a long upper shadow, a short position can be initiated. Stop-loss: 89800 Target: Below 87200 Bet on short-term divergence adjustments; quick entries and exits are necessary, focusing on rhythm control.
Strategy Two: Long at Medium to Low Levels (Mainly Trend-following) Entry Range: 85200-86500: This is a key support area for pullbacks; Stop-loss: 84800 Target: Above 87500 Utilize EMA support + structural pullback for low entries, combined with trend trading.
Altcoin: Short Position Silk Road Entry: 1615-1675 range, Stop-loss 1890 Target: Below 1590
Long Position Silk Road Entry: 1550-1500 range, Stop-loss 30 points Target: 1600-1620
Summary: Control Position + Discipline First: Especially important during periods of increased volatility, set reasonable stop-loss and take-profit levels to avoid blind position increases.
Bitcoin is currently exhibiting a rising channel structure, with higher highs and lows, clearly in an upward trend. The current price is again at a high level, approaching the previous high of 85320. If it breaks through and confirms, it is expected to continue rising to the range of 85600 to 86000. There are many long upper and lower shadow K-lines formed at this high level, indicating fierce competition in this range.
Trading Recommendations:
1. Focus on the rising trend, short-term participation can be considered on pullbacks; Pullback Buy Level: If it pulls back to the range of 85000 to 85050 and shows a stabilization signal such as (hammer candlestick, small bullish candlestick), it can be considered for entry; Stop Loss Recommendation: Set a stop loss near 84750 (which breaks the short-term structural support); first target 85600; looking up to 86000;
2. If there is a strong breakout above the previous high, consider chasing the trend If the price strongly breaks above 85320 and stabilizes, consider chasing the trend on a short-term basis; Set a stop loss below 85200, and the target can be seen at 85650 to 86000.
The current price of Bitcoin is hovering near the short-term moving average, with a slight rise, but the volume is weak; the K-line shows a narrow range consolidation after a rebound, belonging to the consolidation phase; currently oscillating near the middle Bollinger band, with temporary tug-of-war.
Trading Suggestions: Bitcoin: Short-term buy: around 85000 to 85500, break above 85700 stop loss, target 84000; look down to 83000; Conservative buy: if it bounces back to 83000 without breaking, you can try a light buy, with a stop loss below 82800, aiming for a rebound to 84800 to 85000;
Ethereum: Short-term buy: range of 1620 to 1650, open buy, break above 1670 stop loss. Target 1540, look down to 1500. Conservative buy: if it bounces back to 1538-1540 without breaking, make a small buy, with a stop loss below 1534, aiming for a rebound to around 1600.
The current price of Bitcoin is operating in the lower area of the middle Bollinger Band, with the Bollinger Band slightly opening downward, indicating a weak short-term trend; the MACD is below the zero line with a death cross expanding, and the selling momentum still dominates;
Rough trading suggestions:
Bitcoin: Try a sell order between 84500 and 85000, targeting 83500; look down to 82000; if it breaks above 85300 to 85500, stop loss;
Ethereum: High sell order within the range of 1620 to 1660, targeting 1540; look down to 1500; if it breaks above 1670, stop loss.
K-line pattern Red Three Soldiers, short-term rebound structure is obvious, indicating that short-term bulls are trying to push up; the bars have turned red, with the fast and slow lines forming a golden cross, indicating a bullish short-term momentum; the range is gradually narrowing, with prices running close to the middle track, suggesting that the market is converging, possibly nearing a turning point;
Trading Suggestions:
Bitcoin: A rebound to 85500 to 85000 could be an opportunity to try a long position, targeting 83500 to 83000; strict stop-loss suggestion: above 86000.
Ethereum: A rebound to 1620 to 1660 could be an opportunity to enter a long position, targeting 1540-1500; stop-loss suggestion: above 1665.
When the price retraces near the middle band of the Bollinger Bands (around the 83800 to 84000 area), initial signs of rebound have appeared, but the strength is insufficient to change the mid-term weak structure; MA7 and MA14 are exerting downward pressure, and the MA30 trend is still downward, currently in a 🈳️ head structure; after losing the middle band, the price is close to the lower band, the band is opening, and if the price cannot regain the middle band, the probability of a drop increases; the large bearish candle penetrates multiple support levels, indicating heavy selling pressure, and the short-term technical rebound height is limited.
Trading Suggestions:
Bitcoin: 1. High 🈳️ Strategy (Main Recommendation): Position: 84800 to 85000 Stop Loss: Above 85500 Target: 83000 to 82000 Long Position Control: Can moderately increase long positions
2. Long Position Testing Level: Position: 82800 to 83000 Stop Loss: 82400 Target: 84000 to 84500
Ethereum: 1. High 🈳️ Strategy (Main Recommendation): Range: 1585 to 1595 Stop Loss: 1605 Target: 1550 Long Position Control: Light to moderate long layout
2. Long Position Testing Area: Range: 1535 to 1550 Stop Loss: 1530 Target: 1580 Long Position Control: Light long rebound speculation
Overall market is slightly 🈳️, treat rebounds as short-term repairs; in operations: high 🈳️ dominance, quick in and out for light long positions is advisable to prevent convex market movements.
The current trend line structure has not been broken, but the rebound is clearly weak; there has been selling pressure multiple times in the 84400 to 84500 range, forming short-term resistance; if this area cannot be broken upwards, it may test the lower support level of 83100 to 82000 again; the lower 83100 forms a short-term double bottom support, and breaking it will open the 80000 level.
Operation Suggestions:
Bitcoin: 1. High-risk Strategy (Main Recommendation): Position: Enter around 84300 to 84600 Stop Loss: Above 85000 Target: 83200–82000 Position Control: Light position testing, partial take profit if there is a sharp decline
2. Low-risk Strategy (Aggressive Short-term): If the 83000–82000 support band is tested again and not broken, a small short position can be taken to bet on a rebound Stop Loss: 81800 Target: 83800 to 84400
Ethereum: 1. High-risk Strategy (Main Recommendation): Range: Enter around 1590–1610 Stop Loss: 1625 Target: 1555–1530 Note: If 1610 is broken upwards with increased volume, the position should exit at the stop loss.
2. Low-risk Strategy (Mainly Observing): If the price strongly breaks upwards and stabilizes above 1620, the structure may turn strong, and at that time, a long position can be taken.
Upper track pressure is effective: The price has continuously closed small bearish candles after previously touching the upper track of the Bollinger Bands, indicating that selling pressure remains strong above; The Bollinger Bands are gradually narrowing: This indicates that market volatility is weakening, and the market is in the final stage of a converging consolidation, which is usually a precursor to a trend change. Overall, it is in a wide-ranging oscillation zone, and there is currently no clear breakout direction; both low volatility and high volatility lack sustainability, and the "low volatility high return" strategy is most suitable in a fluctuating market.
Operational Suggestions:
1. Low volatility strategy (participate in rebounds in the trend): Entry range: 83000–82000 Target range: 84000–85000 Suggested stop loss set below 81500–81000.
2. High volatility strategy (bet on a decline after a rebound): Entry range: 84500–84000 Target range: 82000–80000 Suggested stop loss set above 85000.
In a fluctuating market, heavy positions are not advisable, and a "small position + quick in and out" strategy can be adopted.
The market shows a high-level oscillation trend, with an overall weak performance, reflected in: a dip to around 84000 followed by a rise to 85700, but quickly falling back; during the early morning and the first hours, it fluctuated around 84600, showing a tug-of-war. Multiple upper shadow lines are evident, indicating heavy selling pressure above, with short-term upward attempts facing obstacles. The fast and slow lines have crossed negatively, located in the negative value area, with bearish momentum prevailing; the one-hour and four-hour KDJ indicators have formed a golden cross with an upward opening, indicating potential short-term rebound momentum; Operational Suggestions: Bitcoin: Bearish strategy as the main focus: If it rebounds to the 85500 to 86000 range: prioritize short positions; stop loss suggested above 86500; Target levels: 84100, 83200, aggressive traders can aim for 82500.
Ethereum: For ETH, a rebound to the 1685 to 1650 range could be an opportunity to go short; stop loss suggested at 1700; target levels aim for the 1605 to 1565 range.
Currently, the market for Bitcoin continues to oscillate and consolidate in the range of 82800 to 85500. The current price is running near the upper edge of this range (around 84800), but has not yet effectively broken through the key resistance area of 85500 to 86000.
Trading Suggestions:
Bitcoin: After a rise, a pullback is expected. Enter short in the range of 85000 to 85500, with a stop loss reference above 86000. The first target is 83300, and if broken, it may extend down to 82000 to 80000.
Ethereum: Focus on shorting at high levels. Enter short in the range of 1680 to 1690, with a stop loss reference above 1700. The first target is 1610, and further support is seen at 1550 to 1500.
Overall Suggestions:
The current market sentiment is generally oscillating and leaning towards shorting, especially near key resistance levels where caution is necessary. The strategy suggests maintaining a “short on rallies, quick in and out” approach, while managing positions and risks carefully.
Yesterday, Bitcoin faced significant pressure after soaring to the 86000 line, quickly retreating to around 83500. Although there was a rebound after hitting the bottom, the overall structure still shows a wave-like pattern of fluctuating downward, indicating that market sentiment remains cautious.
Big Cake:
It is recommended to enter short positions around 85000, with a stop loss at 85500; target area: 83000-83500; if it falls below 83000, it is suggested to hold positions looking towards 80000-81000.
Second Cake:
It is advised to look for short opportunities in the 1600-1650 range; set the stop loss above 1665; target area: 1550-1500.