4/28 Market Analysis

Currently, the support level remains solid, and there has not been an effective breakdown, thus forming a strong support position in the short term. From the 4-hour candlestick chart, after the price touched the upper Bollinger Band, it experienced a technical pullback and is currently near the middle band, where both bulls and bears are engaged in fierce competition.

In the short term, the market's upward momentum appears to be somewhat fatigued, and there has not been a clear and sustained downward trend. Comprehensive analysis of the overall framework shows that the market is still maintaining a strong trend. Luo Tian advises everyone not to enter the market at sensitive positions; in intense competition, both bulls and bears have operational space, which should also be combined with technical indicators and comprehensive data before making moves. As for Bitcoin, I don't want to elaborate on the usual pullbacks; one can also follow the trends of Bitcoin's Silk Road. In summary, this is just Luo Tian's advice and for reference only.

Bitcoin Pullbacks: Gradually buy near 92800/92300/91700, targeting above 95000. If it breaks this level, it can continue to rise, with a stop loss at 91000. If it falls below this position, it may be wise to exit and observe. Ethereum can follow the trends of Bitcoin's Silk Road. Entering with a light position is advised.