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4.30 Afternoon Bitcoin Strategy Analysis
Brothers, today is the last day of April, and the monthly line is about to take shape. We need to pay attention to the potential monthly level pullback. The current market is tense; until there is an effective breakthrough at the top and bottom of the daily horizontal range, it is highly likely to continue the oscillation pattern. Currently, the participation value in the wide oscillation is limited, so intra-day strategies should focus on high short and low long around the horizontal range.
The technical indicators show serious oversold signals, but the shrinking volume and MACD bearish momentum create a contradiction, suggesting the market may be on the brink of a reversal. It is recommended to maintain a range oscillation mindset, closely monitor the breakout direction of the middle and lower bands of the Bollinger Bands.
940-945 light position trial long, target 950-955, if the 950-955 range encounters resistance, then step into the short position. The short position target is the same as yesterday!