4.18 Saturday Night Market Analysis



Yesterday, the easing of tensions in the Middle East boosted sentiment, and the “big cake” surged above 78,000 in the short term. News-driven market moves are always quick to come and quick to go. Afterwards, the price rapidly pulled back, and after falling to around 75,700 it stopped declining, with selling pressure easing and prices stabilizing. Friends who chased the highs blindly are highly likely to find themselves in a passive position.

In the morning, the plan was to short around 77,500, with a target down to 75,500. The short calls were executed precisely, successfully capturing profits from the pullback.

Currently, the price is ranging and consolidating around 76,000. This level is the strong resistance area from the prior range; it has already completed a top-to-bottom transition and formed effective support. The evening trading approach is clear—based on this support level, you can set up long positions.

Trading Suggestions

Big Cake: Go long at 76,000, target 78,000
Ether: Go long at 2320, target 2420$BTC $ETH
BTC-2.31%
ETH-3.53%
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