Beijing Time: 2025/04/18/8:30 AM

Market Analysis: The left shoulder of the head and shoulders bottom pattern for Bitcoin has consolidated for seven days, while today marks the sixth day for the right shoulder, indicating a potential imminent trend change. If the head and shoulders bottom pattern forms, it would need to break above 90,000. The hourly chart shows a range consolidation between 83,000 and 86,000, with both bulls and bears essentially battling back and forth in this range in recent days. Additionally, it suggests that an effective breakdown below 83,000 or a breakout above 86,000 will be critical for determining the mid-term trend direction. The midpoint of the range consolidation at 84,500 is also a key position for the bulls and bears. The 5-minute and 15-minute charts indicate that the current price has once again surged and then pulled back, but the resistance from the bulls is not weak. In the future, in addition to focusing on the aforementioned key levels, we should also pay close attention to the short-term pressure level at 85,500 and the support level at 83,700. Until a trend change occurs, both bulls and bears will continue to battle around these levels.

Operational Suggestions: Be wary of an imminent trend change in the coming days, especially if any sudden news from external sources increases the likelihood of a trend change. Be mentally prepared for trading, and ensure that position management and risk awareness are strengthened simultaneously. Engage in high-selling and low-buying operations based on position size.