4.27 Bitcoin short-term fluctuations for accumulation, the overall trend remains bullish, the strategy remains unchanged
Bitcoin's recent price has been fluctuating at a high level, approaching the middle Bollinger Band, showing an upward trend but with slowing momentum. In the short term, the price may continue to consolidate near the middle band, with a possibility of a pullback; key resistance levels at 95769 and a potential neckline at 94000 should be monitored to determine the direction of a breakout or reversal.
If the price breaks through the key resistance of 95769 with increased volume, one can consider buying; conversely, if the price falls below the neckline of 94000 and does not quickly rebound, it is recommended to reduce positions or set stop losses.
From the candlestick patterns, a doji and a potential double top have appeared at recent highs, indicating that the market may face a reversal or continue to consolidate. The price is hovering around the middle Bollinger Band, with increased volatility but not yet broken through; it is advisable to wait for a slight pullback to support, continuing to focus on low buys.
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Buy Bitcoin at 93500-94000, target around 96000-98000. Stop loss at 92500.
Buy Ethereum at 1740-1780, target around 1880-1980. Stop loss at 1700.
