April 19 Weekend Morning Analysis

Affected by news, the current target is overall in a clear downtrend, with bearish momentum not yet fully released, and the probability of continued short-term weakness remains high.

Price continues to move along the lower band of the Bollinger Bands, with the bands opening downward and diverging, and the midline around 76,300 forming strong resistance. Rebounds have repeatedly been blocked here and fallen back, indicating that the bulls are unable to recover, and the market overall remains under selling pressure. Although the MACD indicator shows a small red histogram recovery at low levels, it still remains below the zero line, and the recovery strength is weak, not changing the overall environment dominated by bears. The recent slight rebound is more of a technical pullback within a downtrend, not a trend reversal signal. Although the recent K-line shows slight stabilization, the overall center of gravity continues to decline, with rebound heights decreasing each time, indicating weak buying support and that bulls are unable to form an effective counterattack.
A personal suggestion for high leverage is around 76,300-77,200, with a target near 75,000-74,000 $RAVE$BTC $ETH $BNB