Thursday, April 16th, Afternoon BTC/ETH Silk Share



Bitcoin is currently in a high-level consolidation with stagnating upward momentum, repeatedly attempting to break higher but failing to open new upside space. Selling pressure above continues to appear, and bullish momentum is gradually weakening. The short-term rebound strength has clearly diminished, with insufficient volume to support the move. The overall structure shows weak characteristics of a rise followed by a fall. Support levels below remain under continuous pressure. Once key support is broken, the bears will take advantage, and the downward space will open up. The overall bias is bearish, with a strategy to go short on rallies, betting on trend-based pullbacks.

Trading suggestion: continue with light short positions!
Buy in the 75,200-75,700 range, target 73,000
Sell in the 2,370-2,390 range, target 2,250
$BTC $ETH #加密市场回升 #美伊局势和谈与增兵博弈 #美股创下历史新高
BTC0,39%
ETH0,11%
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