Last night, the US stock market opened high and then fell. The Bitcoin price dropped from around 95600 to around 93400 as expected, and since this morning, it has risen again to around 950. Therefore, I still see a downward movement near the 960 or 955 level.
From a technical perspective, the daily chart shows a certain degree of correction, and overall it is still in a high-level consolidation phase. In the short term, it is in a clear sideways state. The MACD on the four-hour chart shows negative values, with some pressure above. The RSI is close to 60, not entering the overbought or oversold zone, indicating market stability. The KDJ on the hourly chart shows signs of turning, while on the four-hour chart it is moving upward. Given this, we focus on the rebound as the main strategy.
Trading Suggestions
Short in the range of 95500-95000 for Bitcoin, with a target looking down to 94300-93500.
Last night, Bitcoin surged strongly from 93560, reaching a high of 94517 this morning. Ethereum performed weakly during the day, dipping in the early session and then entering a low-level consolidation.
From a 4-hour perspective, Bitcoin reached the upper band of the Bollinger Bands and then pulled back, oscillating in the middle band area, with both bulls and bears in a stalemate. Although the short-term trend appears slightly pressured, it has not formed an effective breakdown, and the long-term trend still maintains an upward trajectory. The 1-hour level shows that the price briefly broke below the lower band of the Bollinger Bands and then rebounded quickly, suggesting a possible second test of support during the day. If the key support level stabilizes effectively, early morning operations still suggest buying on dips to seize opportunities for low-level positioning.
During the midnight period, the price of Bitcoin significantly narrowed its volatility, maintaining a consolidation pattern. It is noteworthy that during the retracement process, the lows showed a step-like upward trend. Observing the four-hour candlestick chart, after the price touched a key support level, it quickly stabilized, effectively curbing the downward trend, and then entered a phase of sideways consolidation. As bullish momentum gradually accumulates, the price has strongly broken through the upper resistance level and is currently operating within the middle and upper bands of the Bollinger Bands.
At the same time, the middle band of the Bollinger Bands is continuously rising, clearly signaling that short-term market bullish sentiment is dominating. Based on the current market structure and technical patterns, it is recommended that investors adhere to the principle of trading with the trend and seize long opportunities at relatively low levels.
Trading Suggestions
Bitcoin: Buy near 92400-93000, target 95000 #加密货币总市值重回3万亿 #加密市场反弹 034476039990 24205056843
Morning thought suggests going long on the big pie in the range of 92500-93000, and the idea has been validated again, providing a space of 2000 points.
In the early hours of today, Bitcoin continued its upward trend, fluctuating upward to break through $93,000, reaching a high of $94,142 before facing pressure and falling back; Ethereum followed, climbing to $1,779 before also declining.
On the daily chart, Bitcoin encountered resistance at $95,000, which is the previous point of decline, and there is still a possibility of an upward push during the day. On the four-hour level, the one-sided upward trend continues; although technical indicators show slight divergence, as trading volume has not significantly decreased, the bulls still hold the advantage.
Trading Suggestions
Buy Bitcoin in the range of $92,500 - $93,000, with a target of $94,000 - $95,000
Limit orders accurately reach target points, Bitcoin offers a space of 1800 points, all announced in advance, no after-the-fact comments! #加密市场反弹 #Strategy增持比特币 $BTC
In the early morning, the mindset is to go long and follow the trend. Looking long at 86600 has now reached 88500, giving a space of 1900 points. The mindset is precisely targeted, perfectly grasped! #Strategy增持比特币 #加密市场反弹 $BTC
In the early session, bulls violently pushed up 3000 points, and in the evening, it rose again, breaking through; two waves of market movements nearly covered 5000 points. Did you all manage to grasp that?
The hourly chart's Bollinger Bands are narrowing upwards, quickly rebounding after a pullback to the middle band, showing strong support; on the daily chart, the price remains above the moving averages, with bulls continuously hitting new highs. The optimal strategy is to go long in line with the trend.
Operational Suggestions
Bitcoin: Buy in the range of 86000~86600, looking towards 89000.
The current market is in a sideways consolidation phase, and the risk of chasing highs is relatively high. The price has not yet broken through the key range, and a new trend requires confirmation of a breakout. It is recommended to adopt a strategy of selling high and buying low, shorting near resistance levels.
Trading Suggestions
Short Ethereum in the 1610-1590 range, with a target of 1550-1530 #ETH走势分析 $ETH
From the current market trend observation, the bearish forces still dominate. The price has been fluctuating within the range of 83000-86000, failing to effectively break through the resistance level of 86000 and also not reaching the support level of 83000.
From the four-hour candlestick chart, the price has repeatedly encountered resistance and retreated near 85500, with the candlestick forming a significantly long upper shadow, indicating insufficient upward momentum from the bulls. Based on the current market performance, if there is a rebound and upward trend in the future, it may be worth considering positioning short to seize trading opportunities under the bearish trend.
Last night's pancake market price order precisely targeted the point, laid out short positions, steadily secured a 1400-point space, and has never disappointed you. #MichaelSaylor暗示增持BTC $BTC
Last night, the layout was made in advance with a short position at the 85400 line, and the lowest came to the 84600 line, providing 800 points of space. Experience is about controlling the direction! #特朗普施压鲍威尔 #鲍威尔发言 $BTC
Current price of the pancake is around 85400, target down to 84500-84000, defense at 85900, personal suggestion, for reference only, make sure to protect yourself! #特朗普施压鲍威尔 #鲍威尔发言 $BTC
The SOL four-hour chart is struggling to rise, and even if it does, there will be resistance around 138. It is basically expected to pull back. Currently, short positions are laid out near the price of 137, with a target around 132-128. #特朗普施压鲍威尔 #鲍威尔发言 $SOL
There is not much to say about the nighttime market analysis. Currently, the four-hour support at 84,500 has been broken, so we will look at the lower support level of 83,700-83,000. After all, the daily support at 82,000 is still in play. If the closing price tomorrow falls below 82,000, we should manually exit the position.
Trading Suggestions
Bitcoin: Short near 85,000, targeting down to 82,000-83,000 #鲍威尔发言 $BTC
Due to the Easter holiday, the U.S. stock market is closed today. In the absence of U.S. stock market participation, it is expected that market fluctuations will not be particularly intense. The overall market is currently in a state of oscillation within a range. Although the price has temporarily stabilized above the middle track, it has not been effectively sustained, and the highs are showing a continual downward trend. This is a clear signal of weakening bullish strength, and the operational strategy suggests continuing to focus on short positions.