The weekend market is quiet, with narrow range fluctuations lasting a whole day, making viewers drowsy. Bitcoin currently shows a bearish arrangement on the 1-hour moving average, but after a pullback near the 93800 line, the price rebounded by more than 500 points. So is this rebound a reversal? Not necessarily, as the weekend's overall fluctuations are only about 1000 points up and down, and a 500-point rebound does not definitively indicate a reversal. The strength of next Monday will be key; if the rebound is not strong, the price will still likely experience a bearish adjustment. If it continues to be strong, the price will move towards the next high point.
From the daily chart perspective, there have been long upper and lower shadows recently, indicating fierce competition between bulls and bears. The technical indicator MACD on the hourly cycle is in the negative zone but shows signs of convergence, suggesting a possible short-term rebound. The daily MACD remains weak, so subsequent changes should be monitored. The hourly RSI is close to 50, showing a neutral to strong bias; the daily RSI is slightly below 50, indicating cautious market sentiment. The hourly EMA7 has crossed below EMA30, clearly indicating short-term pressure; the daily EMA shows a bullish arrangement, and the long-term trend remains bullish. Therefore, everyone should maintain a clear mindset in their operations: the major trend remains bullish, while the minor trend can be shorted at high levels for short-term gains, both of which can be pursued simultaneously.
Zhou Yanling's short-term trading strategy for April 27:
1. Short at 95400-94500, with a stop loss above 96500, and a target of 93700-92800.
2. Long at 92600-93300, with a stop loss below 91600, and a target of 94000-95000.
Zhou Yanling's short-term trading strategy for Ethereum on April 27:
1. Short at 1830-1800, with a stop loss above 1860, and a target of 1760-1720.
2. Long at 1730-1760, with a stop loss below 1700, and a target of 1800-1840.
[The above analysis and strategies are for reference only; please bear the risks yourself. The article review and publication may have delays, and the strategies may lack timeliness. Specific operations should follow Yanling's real-time strategies.]
This content is exclusively shared by senior analyst Zhou Yanling, who has been engaged in financial market investment research for over ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contract/spot operations. For more real-time community guidance, consultation on recovery, and learning trading skills, you can follow the teacher and contact them at $BTC $ETH .
