4.26 Cryptocurrency Mr. Coin: Bitcoin (BTC) Market Analysis Reference

Yesterday, Bitcoin continued its high-level consolidation, moving in an upward fluctuation, reaching around 95700. The upward momentum has come to a pause. Although the intraday high has seen some upward movement, the overall trend has not shown a significant breakthrough, currently experiencing a slight pullback into high-level consolidation. If the 93000 line cannot be broken down for an extended period, there is a possibility of further upward movement.

From the daily chart perspective, bullish sentiment is gradually warming up. Currently, the market is still leaning towards an upward trend, but there is a subsequent lack of supply, with pressure appearing around 9570. The price is adjusting and running near the 94600 position, with the overall upward strength weakening, but the big direction remains unchanged. The short-term trend is in a corrective adjustment, and prudent intraday operations should still focus on buying on the pullback. If the upward movement breaks through, one can choose to enter with a light position to capture short-term gains.

Looking at the short cycle 4-hour chart, the Bollinger Bands have narrowed, and recently there has been a long upper shadow, indicating strong selling pressure above in the short term. MACD: The daily golden cross persists, but the 4-hour DIF has crossed below the DEA (-161.44). RSI: The daily RSI (14) is at 69.10, close to the overbought area, while the 1-hour RSI has quickly dropped from above 70 to 54.83, showing divergence. EMA: The price is holding above EMA7 (94419)/EMA30 (91834), but there is a nearly 8000-point divergence with EMA120 (87014). Overall, after consecutive days of closing in the green, the K-line body is gradually shrinking, and after a significant long green candle, it enters a high-level fluctuation. There is room for short-term pullback, but overall space is limited. It is still necessary to pay attention to the key support level below. In terms of operations, it is recommended to wait for a pullback to buy for stability, with light short positions as a supplement at high levels.

4.26 Bitcoin Short-term Reference:

Light short positions at 95200-96300, with a stop-loss at 97800, target below 94300,

Long positions at 92300-93300, stop-loss 500, target above 94500,

4.26 Ethereum Short-term Reference:

Short positions: 1835-1885, with a stop-loss at 1970, target below 1690,

Long positions at 1750-1700, stop-loss 30 points, target above 1790,

There may be delays in sending the article, and strategy suggestions are for reference only. Market conditions change rapidly, regardless of how high your judgment on market trends is, always set stop-loss and take-profit levels to secure profits.