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4.16 Afternoon Market Analysis
Bitcoin surged to 75,391 in the morning and then fell back as expected, dropping from a high and probing below 74,400. Currently, it is fluctuating around 74,659.
The current market has shifted from a one-sided trend to a sideways decline, with clear death cross signals on the technical chart, indicating further downside potential.
Trading Suggestions
Short at around 75,200 on rebound, with targets down to 74,000-73,500#美伊局势和谈与增兵博弈 $BTC $ETH