Morning Thoughts on 4.27

From the daily chart perspective, the candlestick pattern shows a doji characteristic, indicating that the current market is in a stalemate between bulls and bears, with strong resistance to both upward breaks and downward pullbacks. Focusing again on the hourly trend, it is apparent that the price volatility continues to narrow, maintaining a sideways consolidation situation. Currently, the strength of the bulls and bears is evenly matched, and this oscillation pattern is expected to continue in the short term. It is recommended to adopt a range trading strategy, taking advantage of the high and low points of the price oscillation to execute buy low and sell high operations, while strictly setting stop-loss levels to avoid unnecessary risks due to prolonged positions.

Operational thoughts on Bitcoin: Short near 95000-95800, looking down towards around 93500.