4.23 Afternoon Analysis:

In the morning, our Silk Road entry successfully took down two thousand units of that map!

The entry level of the big unit given in the morning by the orange signal has now also already moved out about 800 points!

So how should we look at it in the afternoon?

Currently, the geopolitical situation remains tight and has not eased: Iran denies a ceasefire, the US increases troop deployments to the Middle East + urges citizens to leave, the war authority is nearing exhaustion on May 1, and in the short term, risk-averse sentiment is more likely to rise than fall; the volatility of assets such as the big yellow and second cake may continue to be amplified.

Focus on the 15-minute cycle. After rebounding from the low at 77,410, the market is currently in a weak rebound phase following a downtrend. Rebound momentum has not formed an effective volume expansion, and trend reversal signals have not been confirmed yet.
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The price is running close to the BOLL upper band, showing an overbought state, and also forms a top divergence with the middle band. Short-term upward momentum is weakening, and pressure from the upper band is significant. The middle band is the short-term line dividing long and short positions; if it breaks down, the rebound trend is likely to come to an end. The lower band at 77,500 is a strong support level. After it is touched, if price stabilizes or a shrinking-volume rebound signal appears, you can look for opportunities to buy.

During the rebound process, volume continues to contract. The volume-price divergence is clear. Without capital driving it, it is difficult to break above the previous high. Short-term moving averages are turning upward, but their deviation from the price is relatively large; the effectiveness of moving-average support needs to be verified. In the short term, it is likely to maintain range-bound consolidation.

In the afternoon, it still follows the morning Silk Road plan: rely on support at 77,500 and resistance at 79,400. Just do high sell and low buy from the orange signal!

Wishing you a successful trade! $ETH $DOGE $GT #WCTC交易赛瓜分800万USDT