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4.14 Morning Bitcoin Outlook: Short-term needs a correction! Continue to short!
In the face of the trend, everyone is equal. After a slight rise last night, it surged directly higher at midnight; Bitcoin topped out at around 74,800, and Ethereum also rose in sync to 2,395. The bears were completely shaken out. Truly, some are happy while others are worried!
Now that the market has pushed up a bit, it’s facing some pressure and pulling back; in the short term, it needs a correction. On the daily chart, price surged into the upper band and met resistance, and the rebound strength isn’t enough; on the four-hour chart, there is a long upper shadow, showing the upside is blocked; on the hourly chart, there are consecutive bearish candles at high levels, and the KDJ forms a death cross—so a short-term pullback is needed.
Short Bitcoin around 74,800, look 73000#Gate13周年Dr.Han公开信