#加密市场反弹 4.21 Monday Market Overview: A Piercing Arrow BTC Breaks Through the Gloom

The major coin opened with a hammer candlestick this morning, signaling the start of an upward structure; the major coin began a very strong rebound near the trend line at 83.9 after a pullback yesterday, and has since continuously broken through multiple resistances, reaching a high of 87.6; currently, it is not advisable to chase long positions or short positions as the market is unstable and lacks clear signals; today's sudden rise may still be due to MicroStrategy and several institutions buying the major coin, resulting in a surge.

The major coin's rise today and its continuous breakthrough of multiple resistances is indeed unexpected, with its strong performance showcasing the major coin's potential; minor resistance levels are at 87.6 and above at 88.5. If 88.5 stabilizes, the market is likely to experience a reversal back to the 90K mark; however, since there is a divergence in volume and price on the daily chart, we will continue to observe without rushing into this moment.

Left-side short positions can be prepared near 88.5, with a stop at 89.2, targeting 86.5 and 85.8; alternatively, wait for a right-side breakout and a pullback below 88.5 to enter short positions; for long positions, it is advisable to wait for a pullback; I personally do not recommend chasing longs at this moment; after multiple confirmations of support at 86.5 on the 4-hour chart, one can enter with a stop at 85.8, targeting 88.5 and 90.

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