April 23rd Wednesday Latest Market Analysis

The Bitcoin price has surged strongly during the day, rising to around the 94 position. Currently, it has also formed a significant reversal. From a technical structure standpoint, the resistance level above is around 95000, while the support level below is at 91000.

Looking at the 4-hour chart, the large bullish candles continue to rise. Essentially, there hasn't been much opportunity for the bears. This wave of market cleansing is almost complete, and there should be some degree of retracement adjustment in the next couple of days. However, the current market trading sentiment is high, and in the future, we should follow the trend and primarily focus on going long!

Trading Suggestions

Buy on dips at 91500-91000, target 94500-95000 $BTC $ETH #加密市场反弹 #币安Alpha上新