Morning BTC analysis on April 12

Recently, Bitcoin has been influenced by various macroeconomic factors, with large fluctuations becoming the norm. Being able to stand out depends on grasping the position. Yesterday, several surges in Bitcoin were blocked and fell back, and in the evening, it rebounded after a sharp decline. During the day, all four orders gained good space.

Currently, Bitcoin has not effectively continued after breaking through 94000,

The upward movement was driven by short-sellers squeezing, and the market needs to wait for clearer policies from the Federal Reserve and other macro catalysts. The market is currently at a critical dividing line for bulls and bears, and after a prior decline, the position has gradually risen. At this time, one can pay attention to the area around 92000-92500, which should not be broken. Observe the resistance at 94000-95000 above; if blocked without effective breakthrough, one can consider reversing. $BTC #美联储重启降息步伐 #ETH走势分析