April 18 Afternoon


Thought Process Analysis:
On the 4-hour chart of Bitcoin, last night there was a large-volume bullish candlestick, indicating a short-term surge. Subsequently, the following candlesticks' bodies gradually shrank, accompanied by decreasing trading volume, suggesting that after a rapid upward move, the price is entering consolidation or a pullback phase. The DIF line remains above the DEA line, and the MACD histogram is positive, indicating the overall trend is still bullish. However, the DIF and DEA moving averages are showing signs of converging downward recently, and the MACD histogram has fallen from its high point, indicating that short-term upward momentum is weakening.
Trading Suggestions:
Bitcoin: rebound around 78,000, target 76,000
Altcoin: rebound around 2,430, target 2,300
#美股创下历史新高 $BTC $ETH
BTC1,21%
ETH0,92%
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