A Wang An'an's Evening Analysis of the Double Bottom and Pancake:

The linkage between the double bottom and Bitcoin's trend has already shown very clear signs of a pullback! From the chart, after surging to 2398, it directly crashed, with a large bearish candle breaking through the short-term moving averages. The volume and price divergence is very obvious, and traders chasing longs at high levels have already been trapped. The moving average system is starting to turn, the Bollinger Bands are opening downward, and the price has broken below the middle band, with momentum increasing in volume. The linkage with Bitcoin at high levels shows stagnation, and the momentum has already exhausted, with profit-taking frantic. The resistance above 2370-2380 is strong; a rebound is a good opportunity to short, don’t think about bottom-fishing! The first support is at 2320; if broken, look directly at 2300 or even lower.
Market sentiment has already turned bearish. An'an is firmly bearish tonight, mainly focusing on short positions. Keep positions light, set proper stop-losses, and avoid fighting against the trend!

Trading suggestions:
In the 2350 area of the double bottom, consider shorting, with targets at 2320-2300, and a small stop-loss will do! $ETH #WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍 #美联储利率不变但内部分歧加剧 #DeFi4月安全事件损失超6亿美元