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🔥April 16th, Bitcoin Spot Strategy
The bearish momentum is gradually weakening, and the bullish stabilization and rebound signals are clear. A steady positioning window has now opened!
Within the day, the price quickly stabilized after falling to a low of 2306.8, without continuing to decline. Instead, it relied on the support zone to begin recovery. Currently, the price has returned above 2350, with the bulls defending clearly, and the selling pressure from the bears has significantly weakened! The support in the 2300-2310 range has been validated through retests, providing sufficient strength to support subsequent upward movement.
💥Steady Signal Confirmation:
Funds continue to accumulate at low levels, with a net inflow of 63.02 million, indicating a stable and volume-supported rebound signal. This is not a short-term pulse rebound but a sign that the bulls are regaining control of the trend.
The moving average system has turned upward, with the price back above MA7 and MA30. The MACD indicator has turned at a low level, with bearish momentum gradually converging. The trend is shifting from weak to strong, and the prelude to a major upward wave is being completed.
🎯Trading Suggestions:
Follow the trend with long positions, buy on dips around 2320-2350, target 2380-2450.
$ETH #Strategy上周购入13927枚比特币