Hello brothers, today is Sunday and Bitcoin is looking for a pullback. After a continuous rise on the daily chart, it is clearly facing resistance above 95000. The momentum for another upward push is noticeably insufficient, and a pullback is needed. The main direction from the end of April to early May should focus on rebound shorts.
In today’s early session, it first surged and then fell back, still not breaking through the strong resistance area of 94500-95000. Therefore, it is now recommended to short any position in the 94500-95000 area, with a stop loss controlled around the previous high of 95600, targeting the 92000-90000 area.
For the lower pullback, go long in the 89600-89400 range, with a stop loss at 88500, targeting 91500-92500.
For the second coin's trading strategy: It is recommended to short any position in the 1830-1840 range, with a stop loss near 1860, targeting 1720-1700.
For the lower pullback, go long in the 1690-1680 range, with a stop loss in the 1650 area, targeting 1780-1800.
Currently, it is just in a pullback and has not formed a bullish trend structure. The large coin will not reach 100000, and the other one will not reach 2100.
