Market analysis on April 19

I. Market analysis of Auntie Dabing

1. Analysis of Auntie’s intraday trend

From the short-term trend of Auntie, we can see that the bottoming out and rebounding in the front form a head-and-shoulders trend with the trend behind. In the head-and-shoulders trend, the main force falls below the neckline, and then steps back on the neckline and stands firm on the neckline. It falls below the neckline again, and the market continues to fall. This is a routine used by the main force. When the market reaches the key position for the second time and breaks, the market should be shorted when it steps back. The upper neckline stepping back is a good opportunity to go short. Pay attention to the position around 2990-3000 above. Focus on the 2800-2760 position below

2. Analysis of the intraday trend of big cake

From the perspective of the intraday trend of big cake: the market hit the previous high position last night, and then hit the 64100 position near the front. After that, the market started a round of rapid decline, and then fell to 61000 again during the day. From the perspective of the structure in front, the market also fell below the neckline position in front again. We should do a short-selling operation near the neckline position above 61800-62000. Focus on the 59800 position below. In addition, there is a big news of halving today. The market may continue to fall in the future. Everyone should still focus on high-altitude operations.

2. News situation

From the perspective of news: ETF data continues to flow out, resulting in a strong bearish sentiment in the market. In addition, the halving time is coming, the bulls have already retracted their forces, and the bears are ready to fight. The big market is about to continue. $BTC $ETH $SOL