2025-04-15 18:50:48

Midnight Thought Sharing on 2025.4.16

After the continuous bullish daily candlestick of Bitcoin, a long lower shadow appeared at the 86500 position in the evening, indicating fierce competition at this level, followed by a step-like decline. Although the bullish momentum was suppressed at a high level, leading to a pullback, the overall pullback range remains within a controllable scope.
Based on the current trend, the focus in the short term is on the 86500 resistance level. Once this key resistance zone is effectively broken, the price is expected to continue to rise.
Suggestion:
The flatbread pulls back to around 83800-83000 and targets around 86800-880000
The second contract retraced to around 1580 - 1540 for trading, with the target looking towards 1670-1750 around #BTC #ETH

NIGHT-1,48%

BTC-1,77%

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