Market analysis on April 18

1. Analysis of Auntie’s trend

1. Analysis of Auntie’s intraday trend

From Auntie’s intraday trend, we can see that the market touched 3000 for the first time and then came to 2800, then started a round of rebound, rebounded to 3300 above, and then continued to start a round of callback trend. Yesterday, it touched below 3000 again and came to 2920. Now it is in the stage of rebound and consolidation. From the trend point of view, the market has broken through many times and stood firmly below 3000. The subsequent trend of the market is in the short trend position, especially the wave in front has reached the adjustment stage of wave c. After the market is consolidated at this position, it will continue to explore downward. The recent operation idea is to try to be at a high altitude position. Try not to buy the bottom without an obvious bottoming signal. Today, look at 2900-2880 during the day and 3000-3030 above.

2. Analysis of the intraday trend of Bitcoin

From the perspective of the intraday trend of Bitcoin: after the market touched the 60,000 position below for the first time, the market started a round of rebound trend to the upper high of 66,800, and then stagflation began to continue to pull back. Now it is consolidating near the 61,000 position. From the trend, there was a c-wave downward trend in the front, and then a head and shoulders trend, and the current trend is a head and shoulders break and step on the neckline. The market will continue to fall and rebound in the future, that is, pay attention to the 61,500-61,800 position above the high altitude and pay attention to the 58,300 position below.

2. News situation

From the data, the miners' selling wave has not really started, but the institutions that have been beaten have begun to gradually reduce their positions. The market is still under the cover of negative sentiment. $BTC $ETH $SOL