Track the real-time hot spots in the currency circle and grasp the best transaction opportunities, today is Wednesday, April 16, ☀ 👍 🍗🍗🌹🌹 2025


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U.S. stocks closed on Tuesday, with the three major stock indexes opening higher and gradually lower, with the Dow initially closing down 0.39%, the S&P 500 down 0.17%, and the Nasdaq falling slightly. Tesla (TSLA.O) rose 0.7%, Nvidia (NVDA.O) rose 1.3%, and Netflix (NFLX.O) rose 4.8%. The Nasdaq China Golden Dragon Index fell 0.49%, Alibaba (BABA.N) fell 1.4%, iQiyi (IQ.O) rose 6.7%, Xpeng Motors (XPEV.N) fell nearly 6%. Investors continue to pay attention to the latest news from ZC and the latest batch of corporate earnings reports. The United States announced an investigation into the import of chips and electronic products, paving the way for the imposition of new tariffs. The Golden Retriever Lion King said unreliable things again, U.S. stock index futures fell, Bitcoin and Ethereum fluctuated sharply, and the crypto market rebounded and died again.
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Looking back at the early morning, the highest level of the pie hit the 86430 first-line high and began to retrace, and the current lowest touched the 83180 first-line low. In addition, judging from the current disk, the four-hour level of the rising wedge breaking price fell below the neckline support, completing the double-top rudimentary structure, EMA55 and EMA21 formed a death cross, the short-term moving average group diverged downward, the MACD column crossed the zero axis, the technical rebound is expected to be limited, and the key support defense in the early stage failed. Once this short-term long-short conversion is formed, it means that the short-term market has turned short. The 4-hour chart drives the lower rail of Bollinger Bands to open its mouth, and the middle rail is pressed down to form resistance. It has become the demarcation point of today's short-term strength and weakness, and the 1-hour chart has a wave of consolidation-type small steps down the channel, because the end of the market failed to recover the lost ground and closed at a low level, then there is a high probability that it will continue to fall today.
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Ethereum also started to pull back after reaching a high of 1661, currently hitting a low of 1575. Based on the current market situation, the four-hour level shows a strong one-sided downward trend, with the overall trend firmly controlled by bears, and prices gradually approaching the lower Bollinger Band. It is evident that the bears have strong continuity, and in the short term, the bears are likely to continue to probe lower. From the one-hour level, the market has declined consistently to the lower Bollinger Band, where the bulls provided some rebound; however, the rebound strength is minimal. It is clear that the short-term rebound is accumulating energy for a second downward probe, so we still favor the continuity of the bear trend after the rebound this morning.
IQ1,39%
BTC5,09%
ETH8,14%
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