4.25 Friday, Latest Bitcoin Market Analysis

Yesterday midnight we provided a long strategy. The actual low point reached around 92600, followed by a rebound that touched 93800 but failed to break through resistance. Friends who followed the strategy should have gained a hundred points in the short term. Currently, the market is oscillating and correcting around 93500. This morning we continue to maintain a pullback strategy, waiting for a chance to enter.

From the current market perspective, after a strong rebound, the price has reached the upper edge of the 4-hour central range. The upper and lower edges of the range can be regarded as traditional support or resistance. To break through the lower edge of the range, bulls need to continue to oscillate and build momentum, or maintain an upward oscillating pattern. If under pressure, the short-term will continue to maintain a triangular oscillation area. After the early morning rebound, bulls also provided a slight pullback, with the market exploding during the adjustment, also moving along the two major moving averages and the upper Bollinger Band. In the short term, from a technical perspective, the trend of the coin price has shifted towards the bullish side, and we should maintain a long strategy in line with the trend.

Trading Suggestions:

Long in the range of 92500-93000, target 95500. #币安上线INIT #币安Alpha上新 #比特币市值排名 #TRUMP晚宴 #加密货币总市值重回3万亿 $BTC $ETH $XRP