April 26th Initial Thoughts Analysis

The Bitcoin market surged again, especially as Bitcoin broke the daily high point near 95,700. The overall upward trend is strong, while Ethereum's rise is not significant. Currently, the market has surged and retreated again, and the Bollinger Bands at the four-hour level are starting to narrow, indicating there may still be room for a decline during the early hours.

After the four-hour surge and retreat, resistance is observed at 96,000 and the 1,850 level above. Looking at the daily MA indicators, the moving averages are beginning to diverge, suggesting that there is space for market correction and consolidation. The hourly and four-hour charts are all starting to retreat, indicating further pullbacks during the early hours, with support to watch below at 1,720 and near 93,000.

Initial thoughts for operation in the early hours:

Short Bitcoin in the range of 95,000 to 95,500, targeting around 93,000, with a stop-loss at 96,300.

Short Ethereum in the range of 1,800 to 1,820, targeting around 1,740, with a stop-loss at 1,860.

Daily strategy analysis is limited, as the market is highly variable, so focus on real-time data. #币圈 #比特币 #区块链 $BTC