$ETH 4/22 Evening Bitcoin Market Outlook


✅Short-term attempt to short (pullback order)
Entry zone: 2410-2425
Stop-loss setting: above 2435 (abandon bearish view if breaking previous high)
Target levels:
First target: 2380 (retracement to 15-minute Bollinger Band lower band)
Second target: 2350
✅Low-buy opportunity (defensive order)
Entry zone: 2350-2370
Stop-loss setting: below 2335 (breaks key support, trend weakens)
Target levels: 2400-2420
Core logic: The larger cycle bullish trend remains unbroken, key support holds, and there is still potential for a second upward attack.
Technical logic
4-hour: Trend leans bullish, but strong resistance above is evident
1. Bollinger Bands and trend: Price encounters resistance near the upper band (2394.78), Bollinger Bands are expanding, midline continues upward, bullish trend not broken, but selling pressure near previous high of 2463 still exists.
2. Indicator status:
MACD: Green bars continue to shorten, DIF and DEA maintain a golden cross, but upward momentum is clearly weakening.
RSI: RSI1(78.74) is in overbought territory, possibly turning down at any time.
KDJ: K line at 77.89, D line at 71.26, high-level stagnation, death cross signal may trigger at any moment.
1-hour: High-level consolidation, initial short-term correction signals
1. Structural pattern: Price surged to 2423 then pulled back, forming a small bearish candle at high levels, Bollinger Bands are narrowing, price falling from upper band toward midline, divergence rate beginning to recover.
2. Indicator signals:
MACD: Green bars shorten near zero line, fast and slow lines show signs of convergence at high levels, upward momentum significantly weakened.
◦ RSI: RSI1(56.36) has retreated from high levels, leaving overbought zone, indicating bullish strength is waning.
◦ KDJ: K line at 63.78, D line at 73.10, death cross formation beginning, clear short-term correction signal.
15-minute: Break downward, short-term weakness confirmed
1. Pattern and indicators: Price breaks below Bollinger Band midline, MACD forms a death cross and turns red, RSI rapidly declines.
2. Momentum change: Price drops with increased volume, indicating selling pressure has been released, while rebound volume is insufficient, suggesting weaker bullish support, likely to continue downward in the short term.
3. Key support/resistance:
Resistance: Bollinger Band midline at 2399.37, previous high at 2423
Support: Bollinger Band lower band at 2378.98, previous platform at 2380
#Gate13週年現場直擊 #eth #比特幣反彈 #美伊第二輪談判進展
ETH0.34%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin