#Gate广场四月发帖挑战 Today's Analysis

This market trend still requires continuing to operate with a high-altitude approach.

In the past few days, the market has been bouncing up and down due to news factors. How to grasp it is very difficult! Because the market now always involves buying and selling in one go, after intense fluctuations, only meaningless sideways movement remains. Therefore, here we still need to continue observing and sideways trading. The trend has not truly arrived yet, but considering the weekly chart, it still requires maintaining a high-altitude perspective. Let's continue to hold the swing trade!
Daily level:
1. Within the moving average trend, yesterday's price hit the critical point of a breakout. As long as there is a series of bullish candles, the breakout trend can be completed. However, a bearish candle appeared, and the market started to retreat. Although there is no large-scale pullback, and the upward attack continues, we should remain calm in judgment. Only after a complete series of bullish candles breaking through can we consider the upward trend officially arriving;
2. Within the Bollinger Bands trend, yesterday already showed a flaw. The Bollinger Bands did not narrow but expanded directly. If there are bullish candles, there might still be room for correction, but currently, we haven't seen that. If the oscillation range does not break through, it will lead to a false breakout;
3. In the volume range, VR did not show increased volume during yesterday's stretch, and today it still continues downward in a single direction. If the volume at the top of the oscillation range continues to be absent, the breakout will fail, leading to a retreat within the oscillation range; OBV's overall volume increase has not shown a breakout pattern, so a breakthrough is not yet possible. Only a series of bullish candles can break the deadlock;
4. In the momentum trend, the initial surge and consecutive bullish candles could have broken the deadlock and created resonance. However, after the retreat, RSI and MFI continued sideways, and CCI did not rise above zero. So, we can only continue to watch for oscillation;
5. In the Ichimoku trend, after a rebound, the Tenkan-sen, price, and the cloud indicator at the end all moved separately without resonance. Therefore, the market will continue to oscillate. We will judge the overall direction around the alternating zone from the 15th to the 23rd. If we want to add to short positions, the resonance indicators must point downward.

In summary: On the daily chart, the current market does not meet the conditions for an upward trend. The breakout has failed, so the oscillation range will continue to operate. Whether the price can attack again depends on forming another series of bullish candles.

Special note: Trading in the market involves risks. The above views are for reference only. Investment should be cautious!