4.13 BTC 15-Minute Chart Analysis

Current quote: 70,985.9, intraday decline of 0.89%, range high of 71,750.0, low of 70,458.2. The chart is oscillating and weakening under the influence of geopolitical risk aversion between the US and Iran, with a net outflow of 302 million.

Bollinger Bands BOLL(20,2): Middle band at 70,976.5, upper band at 71,451.9, lower band at 70,501.2. Price is closely following the Bollinger middle band, with a clear range-bound pattern.

Moving average system: MA7=70,867.2, MA30=71,010.4. Short-term moving averages are aligned with the price, facing resistance above and support below, with bulls and bears temporarily stalemated.

MACD indicator: DIF=-36.9, DEA=-60.4. The red histogram continues to expand, with a golden cross forming at low levels. Bearish momentum is gradually weakening, indicating a short-term rebound and correction signal.

Key support below: closely watch the 70,500-70,458 Bollinger lower band and intraday low as dual defensive lines. Resistance above: focus on the 71,010 moving average resistance and the 71,450 Bollinger upper band threshold.

Considering geopolitical news impact, holding above 70,450 can sustain range-bound oscillation and rebound. Breaking below support will open downside space. Intraday trading should mainly involve buying on dips and selling on rebounds in both directions, strictly controlling position size and stop-loss. #BTC #ETH