On the evening of April 12, Ethereum analysis: Currently, $ETH reached the bottom of 2718 again at the end of the month, giving the market a warning before starting to rise back up by 500 points. Recently, a series of bullish candles have appeared online, breaking through EMA120 (3059), reaching a high of 3239 before retracing to 3186, forming a long upper shadow, indicating selling pressure at the 3200 level. Looking at the trend, it indeed seems like the market is giving a middle finger to the brothers, but tonight's volatility will also need to be addressed. If you ask me, tonight will throw back yesterday's tricks and still induce shorts before continuing to rise. No more chatter; the head is light while the tail is heavy, making it real. Yesterday, Bitcoin only made 1200 points. I know the brothers didn't enjoy it fully, but that's okay.
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The BTC market is currently under significant pressure, but the $90,000 level seems to be an important line of defense. If the price rises, there is a chance to reach $116,000. It is now essential to monitor the market situation closely in order to better analyze future movements. $BTC #BTC #BTC86kJPShock
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