4.24 Bitcoin faces pressure and retreats, wait for a pullback before continuing to buy
On the daily chart, Bitcoin continues to rebound and test the middle band pressure of the Bollinger Bands, forming a bullish three soldiers pattern. In the short term, buyer strength is strong, with indications of further upward movement.
In the short term, the market may continue to maintain an upward trend, supported by the bullish three soldiers pattern. Currently, the market is in a struggle between bulls and bears, but buyers have the advantage. For short-term buying, it is recommended to pay attention to the price reactions at resistance levels 93591, 94060, and 99173. If the price breaks through these resistance levels, additional positions can be added.
From a technical perspective, the doji star typically appears at the beginning of a trend or during a change, indicating a possible reversal or pause, while the bullish three soldiers is a strong bullish signal, suggesting that the upward trend will continue. Friends who have not had ideal trading results recently can consult btc0796 to find me and discuss the market together.
Buy Bitcoin at 91000-91800, target around 94000-97000. Stop loss at 90000.
Buy Ethereum at 1720-1760, target around 1870-2070. Stop loss at 1680.
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