4.11 Morning Silk Road and Recommendations

Current price approximately $72,564, up slightly by +0.66% intraday, within the fluctuation range of $71,426-$73,290.
Bollinger Bands position: upper band at $73,481, middle band at $71,353, lower band at $69,225. Price is above the middle band, but the Bollinger Bands are not significantly widening, indicating volatility is converging.
MA moving average: $71,808, EMA moving average: $69,363. Price is above the MA line, indicating short-term momentum is relatively strong, but caution is needed for a pullback if the price deviates too far.
From MACD, bullish momentum is easing mildly, but volume is below the 5-day and 10-day average volumes, lacking sufficient volume to support upward movement.

According to the KDJ indicator, it hovers near the 50 midline, with no obvious overbought or oversold signals, indicating a period of direction selection.
Key resistance levels: $73,280-$73,480 (intraday high coinciding with Bollinger upper band), strong resistance around $74,250.

Support levels: $71,800-$71,350 (MA and Bollinger middle band), strong support at $69,360-$69,220 (EMA and Bollinger lower band).

Currently, the price is oscillating in the $2,180-$2,200 range, after briefly reaching a high of $2,273 yesterday before a slight pullback.
Resistance above: $2,220-$2,230 (4-hour MA18 and upper boundary of the descending channel), breakout zone at $2,250-$2,275.

Support below: $2,165-$2,176 (50% Fibonacci retracement), potential first support at $2,100-$2,110, with bullish leverage accumulation at $2,060-$2,080.
One-hour chart shows a bullish divergence pattern, often associated with price correction historically; four-hour chart remains in a bearish arrangement.
Bitcoin is in a narrow oscillation zone between $71,350 and $73,480, with Bollinger bands tightening, hinting at an imminent trend change. A volume breakout above $73,480 could open upward space; a breakdown below $71,350 might test support at $69,300.
Price is consolidating in the $2,165-$2,230 range, with a one-hour bullish divergence offering a short-term correction opportunity, but a break above $2,230 is needed to reverse the weakness.
Trading suggestions:
Consider a light long position on Bitcoin at support between $71,350-$71,800, with a stop-loss below $71,000, targeting $73,000-$73,500. After breaking $73,500, add positions toward $74,000-$74,500.

For Ether, a long position can be attempted at support between $2,165-$2,180, with a stop-loss below $2,150, targeting $2,220-$2,250. Break above $2,230 could aim for $2,300.
These are personal suggestions; please follow Sister Lin’s layout for specific strategies.