Crypto Sea Waves: April 15 Bitcoin (BTC) ( Latest Market Analysis Reference, Information Interpretation

Crypto Sea Waves: April 15 Bitcoin (BTC) ) Market Analysis Reference:
Bitcoin surged but met resistance and pulled back; intraday price action continues to consolidate in a high-level range. From the daily timeframe, the overall structure of the price action remains relatively bullish: the upper and middle Bollinger Bands extend upward, and the uptrend has not broken, though momentum is weakening. In the EMA moving-average system, price is still trading above short- and medium-term EMAs such as EMA7, EMA15, EMA20, and EMA30, confirming that the higher-timeframe bullish structure remains intact. The bullish alignment of moving averages provides a bottoming support for the price. In terms of indicators, the MACD indicator DIF and DEA continue to move upward, indicating that medium-term bullish momentum is still in place; however, the histogram height has narrowed compared with earlier peak levels, showing that the upside momentum is marginally weakening. The RSI has pulled back from the overbought area but has not yet entered the oversold zone, showing that bullish power has been released somewhat but has not fully turned bearish. Overall, Bitcoin’s daily trend at the larger scale remains bullish: short- and medium-term moving averages and the middle Bollinger Band form multiple layers of support. The current price is in a high-level consolidation phase absorbing the move, and there is still momentum to test previous highs to the upside afterward.
From the short-term 4-hour timeframe, after touching the 76000 high, the price has continued to fall; it is currently trading around 74000, forming a choppy pattern after a high-level pullback. In the Bollinger Bands, price has fallen from the upper band to above the middle band; overall, the bands remain open. The upper band is strong resistance, while the middle band forms the core support. The bullish structure has not been fully damaged. In the EMA moving-average system, price fluctuates around EMA7, but it still holds above medium- to long-term moving averages such as EMA20, EMA30, and EMA120. The moving averages are overall in a bullish alignment, providing bottom support, and the medium-term trend remains biased to the upside. On the indicator side, the MACD’s two lines are contracting with continuing decreasing histogram/volume, indicating that bullish momentum has weakened and that short-term upside momentum is insufficient, with a need for further pullback. The RSI is diverging upward. The KDJ indicator’s three lines have formed a death cross; the J line drops quickly to low levels. But since the J line is close to the oversold area, there is a possibility of a rebound from oversold conditions. Overall, the 4-hour medium-term bullish trend for Bitcoin remains unchanged, but short-term upside momentum has weakened and price has entered a pullback-and-digest phase. The current local correction may be building up for a further push higher afterward. In terms of trading, stick to the idea of going long on pullbacks at lower levels.
Crypto Sea Waves: April 15 Bitcoin Short-term Reference:
Long position: Go long in the 72800-73300 range, stop loss 500 points, target 74000-75000,
Short position: Go short in the 76500-75500 range, stop loss 500 points, target 74500-73500,
Crypto Sea Waves: April 15 Ethereum (ETH) ) Market Analysis Reference:
Ethereum’s price action is quite similar to BTC. On the daily timeframe, the price stays above the short-, medium-, and long-term EMA moving averages. The Bollinger Bands are opening upward, and price is currently trading above the middle band, indicating a clear bullish trend. The MACD double lines remain upward and the histogram continues to shrink in volume. Although RSI and KDJ have pulled back from the overbought zone, they have not entered the oversold region, indicating that short-term bullish momentum has diminished and there is a need for a pullback; however, the overall upward structure has not been broken. The subsequent movement is highly likely to involve high-level consolidation and digestion. Pay attention below to the EMA7 (2276) moving-average support; the daily trend remains bullish, and after a pullback there is momentum to continue probing the previous highs.
On the 4-hour timeframe, the price has pulled back from the upper Bollinger Band. The short-term moving average EMA7 shows signs of turning downward. The MACD continues to contract, with DIF and DEA shrinking from high levels, indicating that short-term bullish momentum is insufficient. The KDJ indicator forms a death cross and the J line rapidly probes lower, confirming short-term pullback pressure. Support is expected around the middle Bollinger Band and the EMA20 moving average. It is expected that the short-term movement will mainly focus on range-bound repair; after the indicators repair and price holds above support, there will still be room for a rebound.
Crypto Sea Waves: April 15 Ethereum Short-term Reference:
Short position: Go short in the 2435-2405 range, stop loss 30 points, target 2355-2305,
Long position: Go long in the 2275-2305 range, stop loss 30 points, target 2350-2400,
The content of this article is originally shared by 【Crypto Sea Waves】, and only represents personal views. The article may be delivered with a delay, for reference only. Do not trade blindly. We hope everyone can stick to their principles on their investment journey. No matter how the market changes, stay rational and calm. )#RAVE暴涨130%合约爆仓全网第三 #美军封锁霍尔木兹海峡 $BTC