April 15 Evening Market Analysis



Bitcoin surged to 76,000 as expected and then sharply dropped, with the lowest reaching 73,443. Currently, it is oscillating around 74,250, and the bearish trend is fully established; any rebound is a shorting opportunity.

U.S. media reports that the United States will send thousands of additional troops to the Middle East, with aircraft carrier groups and Marine Corps units arriving one after another. The risk of geopolitical conflict continues to escalate, market risk aversion intensifies, and Bitcoin faces short-term pressure with no strength for a rebound.

The previous high above 75,000 has been realized, creating a move of over 2,000 points. The current market has shifted from a one-sided surge to oscillating downward, with clear death cross signals on the technical side, indicating further downside space. The 74,500-75,000 range is a strong resistance, with short-term support at 73,400. If broken, the next support level is 73,000.

Trading Suggestions

Bitcoin: Short at the 74,500-75,000 rebound zone, target 73,500, and if broken, look for 73,000-72,500.
BTC-0,87%
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