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Bitcoin Ethereum April 16 Operation Plan
Doji Star, a trend reversal is imminent
The upward momentum is waning; be cautious as a trend change could happen at any time.
Negotiations between both sides are set to enter a second round in the next couple of days, and funds are hesitant to move forward.
From a technical perspective, this is also a critical point near the bull-bear dividing line, where large fluctuations and turbulence are very likely to occur.
The bulls should temporarily adopt a defensive stance, and positions at lower levels can be appropriately adjusted.
However, new entrants should be very cautious, only conservatively buying on dips, and avoid blindly chasing the rally.