Bitcoin continued its decline from around 76300 in the early morning, with the price center shifting downwards. Although there were sporadic rebounds during the session, the overall rhythm remained one of downward oscillation. Structurally, the lows were constantly being refreshed, and the highs were gradually being pushed down. The price briefly stabilized around 75300 in the morning. Looking at the four-hour chart, a large bearish candlestick broke through the Bollinger Band's middle band and approached the lower band. Although the price action showed signs of testing lower support, the downward momentum appeared to be weakening. Switching to the one-hour chart, the price continued to oscillate within the lower Bollinger Band range, with the price fluctuation range gradually widening. The Bollinger Bands also widened downwards in tandem with the price movement. In summary, the current market trend remains bearish. Subsequent trading is recommended to follow the trend, focusing on selling on rallies. Sunday afternoon Bitcoin: Short in the 75800-76300 range, with a target of 74500. Sunday afternoon Ethereum: Short in the 2350-2380 range, with a target of 2270.
The situation in the Middle East has escalated again; here are the latest trading strategies for Bitcoin and Ethereum this afternoon.
2026-04-19 05:11:48
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