Analyst Liang Qiu: On April 26, Bitcoin once again surged to a high, while Ethereum consolidates and looks for a pullback
Bitcoin/Ethereum market once again surged high, especially Bitcoin, which broke the daily high point near 95,700. The overall upward trend is strong, while Ethereum's rise is not obvious. For those who did not exit the short positions we set up during the daytime at 94,000 and around 1,780 to 1,800, Ethereum is still near the cost price, while Bitcoin has stopped out. Currently, the market has surged again and pulled back, and the Bollinger Bands on the four-hour level are starting to contract, indicating there is still room for a decline during the early morning.
With the four-hour surge followed by a pullback, we need to pay attention to resistance at 96,000 and 1,850. From the daily MA indicators, the moving averages are starting to diverge, and the market has room for repair and consolidation. The hourly and four-hour charts are all starting to pull back, and further retractions are expected in the early morning, with support to focus on around 1,720 and 93,000.
In the early morning operations, Liang Qiu recommends entering short positions on Bitcoin around 95,000 to 95,500, targeting around 93,000; for Ethereum, enter short around 1,800 to 1,820, targeting around 1,740, with stops at 96,300 and 1,860.
Daily strategy analysis is limited, and the market is variable, so please refer to real-time data. #加密市场反弹