BerlinJiang

Today’s 4.15 Market Analysis and Ideas
Intraday Resistance: Around 75,000
Intraday Support: Around 74,000
Yesterday’s wave surged to 76,000. It went up fast, and it also came down fast, indicating that the strength of the resistance above is indeed there. However, the long side structure on the Bitcoin 4-hour timeframe is still intact, so for the short-term direction, we still keep a bullish mindset. And currently, the funding rate is still extremely negative—bears are quite crowded. Support below is seen around 73,500.
Recommendation: Go long near 73,500–74,000, with the first target