4.13 BTC 15 minutes chart analysis by Yifan Jinglian

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, showing oscillation 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 focuses on the 70500-70458 Bollinger lower band + intraday low double defense line, above resistance targets the 71010 moving average resistance and the 71450 Bollinger upper band threshold.

Considering geopolitical news impact, holding above 70450 can continue the range oscillation rebound, breaking support will open downward space, intraday mainly using low buybacks on dips and high short-term rebounds for two-way swing trading, strictly controlling position size and stop-loss. #BTC #ETH