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4.10 Friday Afternoon Awei BTC Analysis
Afternoon sees a rebound with volatility, regaining the middle band of the Bollinger Bands, indicating signs of short-term recovery and strength.
The Bollinger Bands are narrowing and leveling off, with the market entering a compression zone, and the 72,000 level becoming a short-term support.
KDJ shows a golden cross upward, indicating some recovery of momentum, but the upward space remains limited.
Watch for resistance around 72,300; only a breakout can give a chance to test the previous high.
Focus on the 72,000 level below; a break below could easily lead to a pullback.
There is a rebound, but it is not strong, and the space is limited.
Trading Suggestions
Short in batches within the 72,500–73,000 range
Target 70,500–71,000
Don't chase the rally; the rebound is an opportunity to short. Set your stop-loss properly. #美伊停火协议谈判再生变故 #大摩比特币现货ETF上市 #Gate上线Pre-IPOs $BTC $ETH