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Friday afternoon, April 10th BTC/ETH Silk Road sharing
From the current market situation, the rebound highs are gradually declining, and the overall structure has turned weak. After touching 73,100, Bitcoin quickly retreated, forming a classic long upper shadow, which is a strong signal of a short-term top and selling pressure release. This indicates that above 73,000, the bullish momentum has basically been exhausted, and the bears are beginning to dominate. Currently, 72,000 is located in the middle to lower part of this upper shadow, clearly below the previous high. After experiencing a violent rebound, the market failed to sustain high levels and instead entered a sideways downward channel, further indicating that the upward structure has been broken.
Operation suggestions:
Bitcoin 72,200-72,600 range for short-term trading, target 69,700
Altcoin 2,210-2,230 range for short-term trading, target 2,090
$BTC $ETH #加密市场回升 #原油小幅上涨 #美伊停火协议谈判再生变故