#BTC# 4.15 Tuesday evening Bitcoin market analysis

Bitcoin fluctuated in a wide range to the upside at midday today, rising from 851 to around 859, and is now recovering to around 856. There is a downward trend in the short term, and the current market fluctuates frequently, so it is recommended that investors be flexible and focus on one trading opportunity a day.

From a technical perspective, there is明显 pressure on the upper side, and it is in a consolidation phase. The MACD fast line is approaching the 0 axis, indicating insufficient market momentum, with buying and selling forces close to balance, and the trend is unclear; the KDJ is trending downwards in the short term, with a possibility of a pullback or rebound. Considering all factors, operations should be cautious.

In light of this, it is recommended to focus on a bearish strategy. If the price rebounds to the 880 - 860 area, a short position can be taken with a target of 847 - 836; if it rebounds to the 1695 - 1660 range, a short position should also be taken with a target of 1610 - 1570. However, the market is volatile, so be sure to set appropriate stop-loss and take-profit points to manage risks.