April 25th BTC Analysis

BTC rebounded after testing the 1-hour support area at 91600 yesterday. The rebound here was not very strong, and the upper resistance of the daily range remains quite strong, while the upward volume is gradually shrinking. Therefore, we can expect a period of high-level consolidation with reduced volume during the day.

Next, we should pay attention to whether the hourly EMA support can trigger another rebound.

For intraday operations, one can take a small defensive position around 925 and 912 for a short-term rebound.