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Tuesday, April 14th, Zhongling Morning BTC/ETH Silk Share
All bullish momentum exhausted, try shorting with a light position!
Yesterday took three trades, totaling 3,000 points of space, with a profit of 15,020 USD!
Follow the trend, more important than anything else!
Back to the market: Unexpected positive news from US-Iran negotiations directly caused extreme market divergence: on one side, BTC surged wildly due to easing Middle East tensions; on the other side, crude oil plummeted.
For BTC, the price violently surged nearly 4,000 points within 15 minutes, RSI directly hit the severely overbought zone, and has already touched the upper band.
Zhongling believes that facing this rapid increase of nearly 4,000 points, along with continuous strong breakouts, the bullish momentum has been largely released.
Therefore, the market is likely to exhaust itself and turn bearish, with a sharp rise followed by a fall, entering a correction.
Trading suggestion: try shorting with a light position!
Bitcoin (BTC) in the 75,000-75,500 range for a short, target 73,000
Ethereum (ETH) in the 2,370-2,390 range for a short, target 2,230
$BTC $ETH $RAVE #加密市场小幅下跌 #美军封锁霍尔木兹海峡 #贵金属承压回落