On Friday, the Bitcoin market faced strong resistance while attempting to rise, and even when it dipped, it was limited. The price has been trapped within a set range, making it difficult to achieve an effective breakthrough. In the short term, it is advisable to respond with a range-bound oscillation approach.

In the ever-changing cryptocurrency market, Bitcoin's recent performance has garnered significant attention. As of April 25, Bitcoin has entered a repeated oscillation hard mode. This oscillation is not a simple fluctuation but rather a reflection of the fierce battle between bulls and bears. Market sentiment oscillates between optimism and caution, with each price fluctuation accompanied by a significant influx and outflow of funds.

From a technical perspective, the daily chart shows that the Bollinger Bands are in a constricted state, limiting the price's fluctuation range, with the upper and lower bands becoming key defense lines for both bulls and bears. The MACD indicator hovers around the zero axis, with red and green bars alternating, indicating a balance of market forces, making it difficult to form a clear trend direction.

Looking back at yesterday's market, the overall performance was unsatisfactory. Both bulls and bears tugged back and forth at key price points, causing the price to frequently oscillate between support and resistance levels. Our previously set entry positions did not align precisely due to the market's chaotic rhythm. Although we closely monitored each price movement and attempted to capture fleeting trading windows, ultimately, the market fluctuations did not meet expectations, and we failed to achieve ideal profits.

Bitcoin morning trading suggestions are as follows:

Bitcoin: Long at 93000-93500, target at 95000

Ethereum: Long at 1720-1750, target at 1850#币安上线INIT #比特币市值排名 #比特币市值排名 #加密货币总市值重回3万亿 #加密货币总市值重回3万亿