【4.25 Friday Bitcoin Analysis】

After a rebound in Bitcoin during the early hours, there has been a moderate pullback, which serves as a technical correction of the previous upward trend, accompanied by the release of momentum. During the adjustment, the price remains steady above two major moving averages, rising along the upper Bollinger Band, indicating that the bullish dominance has not changed, with moving averages and the Bollinger Band forming a resonant support. Short-term technical indicators show a trend shift to bullish: the price stabilizes above key moving averages, the Bollinger Band opens upwards, and the MACD red bars are widening. It is recommended to primarily focus on going long during pullbacks.

Trading Suggestion:

Go long in the Bitcoin range of 92500-93000, targeting 94500-95000.