BTC 4-hour:

Due to the situation between Iran and Israel, Bitcoin once plummeted to the range of 59K, and is currently gradually recovering. With the escalation of geopolitical tensions in the Middle East, instability is increasing, so the risk is also rising.

Under the current circumstances, if there is a significant decline, I believe it may actually be a buying opportunity. However, tomorrow is April 15th, which is the approval date for Bitcoin and Ethereum ETFs in Hong Kong. The halving period is expected to be executed on the 20th of this month, and the market is expected to rebound.

Intraday resistance levels can be referenced at 64800 and 66000. When breaking through the first resistance level, there may be further rebound, but the important support lines have all been breached and have turned into resistance levels. If there is no significant trading volume during the day, the market's fluctuations may require some time.

Therefore, it is highly probable that the market will be mainly sideways during the day, with expectations for the inflow of funds brought by the approval of the Hong Kong ETF tomorrow.

Intraday support levels to watch are 63500 and 62500. If the first support is maintained in the short term, it may retest the range of 65000. When the market breaks through the first support level, consider the downside space to 62000.

In addition, the current RSI indicator shows that it has entered the oversold zone, and after a sharp decline, the candlestick has a long lower shadow. Although there is buying power at present, I still maintain the view of sideways movement during the day.

In today's trading, due to the appearance of the lower shadow of the candlestick after the decline, we can maintain a short-term rebound strategy, but it requires flexible adjustment of positions.

4.14 Shiyechen's Short-term Pending Orders:

BTC:

Long entry first reference: 63500, second reference: 62500, target: 64000-64800

Short entry first reference: 64800, second reference: 65400, target: 64000-63500

This article is exclusively planned and published by Shiyechen (WeChat public account: Coin God Shiyechen). If you need to understand more real-time investment strategies, untangling, spot contract trading techniques, operational skills, and candlestick knowledge, you can add Shiyechen for learning and communication. I hope to help you find what you want in the currency circle. Focusing on BTC, ETH, and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily macro analysis articles updated across the network, mainstream coin and altcoin technical indicator analysis, and spot mid-to-long-term replay price prediction videos.

Gentle reminder: Only the column public account (as shown in the picture above) is written by Shiyechen. The end of the article and other advertisements in the comment section are unrelated to the author. Please discern carefully and thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。