Morning thoughts sharing on April 4, 2025

Recently, the K-line chart has shown a formation of three consecutive red candles and a bottom formation structure, which often serves as a strong hint that the aviation market has potential upward momentum. Analyzing this from the short-term perspective of the four-hour K-line, the possibility of the aviation market continuing its upward trend is very high. Additionally, looking at the MACD indicator, the current upward momentum is extremely strong.
However, there has never been a one-sided market in the persimmon field. The resistance formed by the upper Bollinger Band may limit the extent of the market's rise in the short term, and the key resistance level at 84500 is something we need to pay close attention to.
Suggestion:
The big pancake is expected to fluctuate around 83800-84500, with the target looking towards around 81000-78000.
The second pancake reversed to around 1840-1860, targeting 1750-1700. #BTC #ETH