April 15 Morning Analysis by Yifan


$BTC Current quote 74,035.7, slight intraday pullback, trading range 73,766-76,009, market funds remain net inflow. The idea given early this morning is to break out of the thousand classic range,

The market surged to the previous high of 76,009 then faced resistance and pulled back, the hourly Bollinger middle band was broken, and the price faced downward pressure; MACD continued to form a death cross at high levels, with the bearish green bars increasing in size, indicating the short-term bullish structure is weakening, entering a high-level correction and consolidation.

Short-term key points: resistance above 74,460-75,250, strong support below 73,680-73,000. The rebound is weak, and if it stabilizes below the middle band, look for a bearish trend; if it dips to support and stabilizes, cautiously consider low positions, strictly set stop-loss and control position size. Personal suggestion: rebound near 74,500-75,300, target around 73,500-72,500.
BTC-0,18%
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IAmBoboAn.
· 3h ago
6666
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HaoShir
· 5h ago
Does it mean it still needs to drop further?
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