April 19 Morning Analysis

Friends, today the situation in Iran really affects the global heartbeat, directly crashing our Bitcoin's trend!

From a technical perspective, the 1-hour Bitcoin chart shows a slide from the high of 2464, slipping down the slope, breaking below the Bollinger middle band at 2377, and now at 2349 hugging the lower band at 2326, with the moving averages pointing downward. There’s no sign of a short-term rebound, just like when we wake up and see negative news—completely powerless to resist.

The most critical negative factor remains the Iran situation: today’s US-Iran negotiations completely collapsed. The US is shouting about continuing to blockade Iranian ports, while also claiming Iran is opening the Strait of Hormuz. In reality, shipping hasn’t been relaxed, and the tension in global energy supply has just eased but now looms again. The market fears repeated turmoil, pulling out funds from risk assets like Bitcoin, causing a flood of capital outflows; plus, the Federal Reserve is still hawkish, so rate cuts are unlikely, and cash on hand is tighter. No one wants to buy high, so Bitcoin naturally drops.

Next, keep an eye on the 2326 lower support. If broken, it’s likely heading toward 2300. We still adhere to a short-selling strategy—don’t think about bottom-fishing; stabilizing the principal is the most important!

Trading suggestion: 2380-2410 range, target 2300-2200.

This advice is for reference only; please operate based on actual market conditions. $RAVE