4/22 BitcoinÐ Market Trend Analysis & Strategy



Although the current market is in an upward trend, and the moving average system also shows upward momentum, the latest candlestick pattern has formed a “shooting star,” and combined with overheated market sentiment, it suggests that a pullback may occur in the short term. Uncertainty in the external environment has also intensified market volatility, and investors’ confidence in risk assets has declined.

Therefore, although the technical side supports an upward move, short-term trading needs to be cautious, and you should watch whether key support levels are effectively held. Shorting near the resistance level is a high-probability choice that aligns with shifts in market sentiment.

Trading Strategy:
Bitcoin (BTC): Short around 78000-78500, targeting 76500-75500.
ETH: Short around 2400-2420, targeting 2320-2300.

The above suggestions are for reference only; risk is borne by the individual investor. Zhuyue has more detailed information
$ETH $BTC
ETH4.13%
BTC2.93%
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