Beware of price corrections! 20250401

CN
1 day ago

Good evening, brothers!

The wildflowers by the roadside bloom earnestly,
Dotted here and there amidst the greenery.
The rain comes just right, neither hurried nor anxious, gently falling,
Washing the world clear and bright…

April looks just like this,
Walking at a leisurely pace,
Unfolding vitality bit by bit.
It is not as intense as midsummer, nor as bleak as late autumn,
Just quietly beautiful,
Making one who sees it,
Feel an infinite joy and hope in their heart…

In the evening, around five,
My wife is still busy in the kitchen preparing dinner,
My mom has gone to pick up my daughter from school and hasn't returned yet,
My son is watching TV in the living room,
So I went for a run in the nearby park,
Comfortable.

……

This week, gold broke through the $3100 mark, with prices soaring, driving South African mining stocks to rise 33% in March, marking the best monthly performance since data compilation began in 1995.

This strong performance helped the South African benchmark FTSE/JSE All Share Index record a 3.1% increase in March, outperforming its emerging market peers and the U.S. stock market.

South Africa's largest gold producers, Harmony Gold Mining Co. and Sibanye Stillwater Ltd., led the way, with stock prices rising 48% in March, becoming the best-performing stocks in the benchmark index.

BTC: On the 4-hour level, the price has rebounded to near the upper Bollinger band, and the short-term market is overbought, so caution is needed for a market correction.

On the daily level, the price has not broken through the moving average resistance, and the short-term market trend is average.

In summary, the support level is 83800, and the resistance level is 84200.

ETH: On the 4-hour level, the price has rebounded to near the upper Bollinger band, the price trend is strong, but the short-term market is overbought, so caution is needed for a market correction, with a support level of 1850 and a resistance level of 1880.

LTC: The price continues to oscillate near the middle Bollinger band, with an average price trend, support level at 82, and resistance level at 86.

BCH: The price has rebounded to near the upper Bollinger band, the price trend is strong, but the short-term market is overbought, so caution is needed for a price correction, with a support level of 300 and a resistance level of 320.

That's all for now, good night!

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