April 21st Morning Analysis of the Second Contract


Currently at 2309.15, after a intraday surge to 2346.11, it sharply retreated, forming a typical rebound trap pattern, with a net outflow of 30.25 million yuan, clearly indicating that the bulls are fleeing, and buying support is weak.

The Bollinger Bands broke below the middle band at 2316, the upward structure was broken, with the middle and upper bands forming a strong resistance zone; the MACD crossed below the zero line with increasing volume, the green bars continued to expand, indicating sufficient downward momentum, and the downtrend is clear.

In terms of operation, consider short positions in batches within the rebound resistance zone of 2326-2350, with the first target at 2300-2250, and if broken downward, look for 2220-2200.

The market changes rapidly, strictly set stop-losses, trade with light positions, do not hold onto positions excessively, and do not fight the trend.

When the trend arrives, follow it; when there is no trend, observe and wait. #BTC #ETH #BTC走势分析
BTC2.14%
ETH2.01%
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