鲲鹏BTC
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April 26th Kunpeng BTC: After the third buy of Bitcoin, will it move sideways or continue to rise? A single chart clarifies the main force's bottom line!
After confirming the third buy structure at $91,660 on April 24th, Bitcoin's current trend remains in the extension phase of this upward movement. From a short-term technical perspective, if the price further rises during the day, there is a high probability of a pullback, entering a 30-minute level consolidation pattern. Therefore, caution is advised for chasing the price at this position, and it is recommended to wait for a pullback opportunity after the upward movement ends, focusing on the support range of $92,000-$91,000 for buying strength.
Recently, the market sentiment for altcoins has been active. In terms of operational strategy, it is advisable to adjust positions flexibly in line with the wave rhythm: if the held coins rise to key resistance levels on the daily chart, one can reduce part of the position at a high price for profit-taking while maintaining liquidity for future buying opportunities during pullbacks.
From the trend structure perspective, this round of upward movement has not yet completely ended. In the medium term, attention should be paid to the pressure test near the upper edge of the left-side consolidation at around $98,000, with close monitoring of volume changes and turning points in market sentiment.
After confirming the third buy structure at $91,660 on April 24th, Bitcoin's current trend remains in the extension phase of this upward movement. From a short-term technical perspective, if the price further rises during the day, there is a high probability of a pullback, entering a 30-minute level consolidation pattern. Therefore, caution is advised for chasing the price at this position, and it is recommended to wait for a pullback opportunity after the upward movement ends, focusing on the support range of $92,000-$91,000 for buying strength.
Recently, the market sentiment for altcoins has been active. In terms of operational strategy, it is advisable to adjust positions flexibly in line with the wave rhythm: if the held coins rise to key resistance levels on the daily chart, one can reduce part of the position at a high price for profit-taking while maintaining liquidity for future buying opportunities during pullbacks.
From the trend structure perspective, this round of upward movement has not yet completely ended. In the medium term, attention should be paid to the pressure test near the upper edge of the left-side consolidation at around $98,000, with close monitoring of volume changes and turning points in market sentiment.
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