4.20 Bitcoin Auntie Morning Analysis



Bitcoin and Auntie are both in a clear one-way downtrend on the 4H+1H cycle. The Bollinger Bands are opening downward, the MACD green histogram bars continue, and the price is moving along the lower band—bearish forces are fully dominating the market.

Oversold signal: Both their KDJ indicators have entered the oversold range. There may be a short-term technical rebound, but the trend has not reversed. The rebound is likely to be a weak corrective pullback rather than a trend reversal.

Trading Suggestions
$BTC Bitcoin around 75,000 nearby 箜 Target around 73,500 nearby
$ETH Auntie around 2,300 nearby 箜 Target around 2,250 nearby
BTC-1.59%
ETH-2.92%
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