4.18 Bitcoin Analysis

Price surged high then pulled back, the upper band started to turn, and the Bollinger Bands remain in the early stage of expansion followed by contraction, indicating short-term upward momentum is weakening. The current market is in a consolidation phase after the rally, with bulls and bears battling, and it is recommended to operate within a range, waiting for a clear direction before adding positions.
Below, watch 76,500-76,800; a pullback and stabilization can be a light long attempt, targeting 77,800-78,300.
Above, watch 77,500-78,300; if a rebound faces resistance, consider a light short attempt, and if it breaks and stabilizes, the upward trend continues, add to long positions accordingly, targeting the 80,000 mark.
Market trading is light over the weekend, be sure to strictly set stop-losses, control positions, and avoid large losses caused by short-term volatility. $BTC $ETH #GatePreIPOs首发SpaceX #Gate13周年现场直击 #山寨币强势反弹 #Anthropic与OpenAI竞争升级