Wednesday, April 15th, Zhongling Morning BTC/ETH Silk Share



Yesterday, Bitcoin fluctuated little during the day, only showing movement in the evening with both bulls and bears taking one position each, ending with a profit of 5636 USD. Returning to the chart. From the hourly level, the price shows a descending triangle pattern, with the upper boundary pressure moving down to around 74,800. In terms of volume and price relationship, a rise followed by a fall accompanied by increased trading volume, then subsequent rebound with decreasing volume, indicating insufficient buying follow-through. Regarding technical indicators, the MACD fast and slow lines are converging below the zero line, with the momentum histogram remaining negative, and the RSI around 40 in a weak zone, all pointing to a bearish dominant trend.

Trading suggestion: continue with light short positions!
Bitcoin range of 74,300-74,800 for shorting, target 72,000
Ethereum range of 2,340-2,360 for shorting, target 2,220
$RAVE $BTC $ETH #加密市场回升 #美军封锁霍尔木兹海峡 #SEC称部分Defi界面可免经纪商注册
RAVE93,08%
BTC-0,24%
ETH-1,83%
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