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4.11 Saturday Market Analysis
The current market is oscillating in a high-range zone, with bulls and bears entering a phase of temporary adjustment, trading sentiment weakening, and volatility narrowing as the weekend approaches. Attention should be paid to the progress of the Iran nuclear negotiations, which could become a key variable in breaking the consolidation and triggering a rally.
Four-hour candlestick chart shows continuous upward movement, testing the upper band resistance before a slight pullback, which is normal technical digestion. The Bollinger Bands' three lines are trending upward, with a bullish structure prevailing, and there is still room for upward movement after short-term recovery.
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$BTC : Buy at 72,500-72,700, target 74,000
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