Wednesday, April 15th Midday Market Analysis


Big pie, as expected, still surged to 76,000 to test resistance as I said, then quickly pulled back. Now the coin price has fallen back and is consolidating around 74,000. The daily chart is starting to decline, with the moving averages returning to support from below. Below, 72,500-73,000 is an important protection level. Above, continue to watch the strength of resistance at 76,000. The 4-hour structure has started to shift downward. After a bit of short-term digestion, a pullback is still the right time to set up positions; your position determines your attitude toward macro events.
If you already have short positions, any good news must be interpreted as false—a scam. It is to inject liquidity, to trigger more shorting, and the “good news” is exhausted. Specifically, look at the US-Iran negotiations on the 16th; an agreement or failure will cause further, deeper pullbacks.
BTC trading advice: Short around 74,500-75,000, stop loss at 76,000, take profit at 73,800-71000$BTC
ETH trading advice: Short around 2,350-2,380, stop loss at 2,430, take profit at 2,280-2180$ETH
#美军封锁霍尔木兹海峡
BTC-1.72%
ETH-0.54%
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