4.13 BTC 15 minutes chart a simple refined interpretation

Current quote 70985.9, intraday decline of 0.89%, range high 71750.0, low 70458.2, the chart is affected by US-Iran geopolitical risk aversion, oscillating and weakening, net capital outflow of 302 million.

Bollinger Bands BOLL(20,2): middle band 70976.5, upper band 71451.9, lower band 70501.2, price closely follows the Bollinger middle band, the range oscillation pattern is clear.

Moving average system: MA7=70867.2, MA30=71010.4, short-term moving averages are close to the price, with resistance above and support below, bulls and bears are temporarily stalemated.

MACD indicator: DIF=-36.9, DEA=-60.4, red bars continue to expand, a golden cross formed at low levels, bearish momentum gradually diminishes, short-term rebound and correction signals appear.

Below, key support tightly watches the 70500-70458 Bollinger lower band + intraday low double defense line, above, focus on the 71010 moving average resistance and 71450 Bollinger upper band barrier.

Considering geopolitical news impact, holding above 70450 can continue the range oscillation rebound, breaking support will open downward space, intraday mainly operate with a dual-direction swing strategy of buying on dips and selling on rallies, strictly control position and stop-loss. #BTC #ETH