Tuesday Morning Outlook | High Pressure at Resistance, Momentum Begins to Weaken


Yesterday's trend was very typical: Bitcoin surged to around 80,700 but was pushed down, then fell back all the way. Throughout the day, switching between bullish and bearish ideas, both sides gained room: BTC gained about 3,500 points, ETH also gained over 50 points, the rhythm is correct.
Currently, the price is fluctuating around 79,900, but one clear signal is that as selling pressure increases, the upward momentum has slowed down.
Looking at external factors: Middle East tensions are escalating, risk aversion is rising, rising oil prices are boosting inflation expectations, which suppresses risk assets (including the crypto market). Market volatility will be greater, but cautious.
Technical analysis also shows weakening: the 4-hour upper band forms obvious resistance, moving average momentum is decreasing, KDJ is showing a death cross at high levels.
Three overlapping signals, summed up in one sentence: short-term bulls are basically exhausted, turning into bears. So the trading strategy is very clear: short on rebounds, avoid chasing highs.
Trading references:
Bitcoin: Short between 80,500—81,000, target 79,300 → 78,000
Ethereum: Short between 2,370—2,400, target 2,345 → 2,275
Unstable at high levels is a signal, follow the trend for short positions, don’t fight the trend. $BTC $GT $ETH #美国寻求战略比特币储备 #DeFi4月安全事件损失超6亿美元 #比特币现货交易量新低
BTC0.8%
GT-0.54%
ETH-0.26%
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