April 8 Evening BTC Market Analysis

BTC continued its strong rebound in the evening, with the price steadily rising and breaking through the previous consolidation range. It reached a high of 72,076.2. Currently, the price is around 71,909.2, with bullish momentum still strong and market sentiment highly optimistic. On the 15-minute chart, BTC showed a golden cross signal with MA7 crossing above MA30, with both moving averages diverging upward. Trading volume increased significantly alongside the price rise, indicating ample bullish momentum. The short-term bullish trend is clear, and the market is expected to fluctuate upward in the evening, with attention on whether the resistance near 72,200 can be broken.

BTC Trading Strategy: Go long around 70,700-71,300, targeting 72,100-72,800, with a stop loss below 70,500 #加密市场回升