4.27 Crypto Mr. Coin: Bitcoin (BTC) Market Analysis Reference

Bitcoin has retraced to the 93800 line by last night, bullish sentiment has warmed up somewhat, and the price has slightly rebounded to the 95200 line before facing pressure. It then experienced a slight pullback, and currently, the trend has returned to operate in the 94000 area. Over the weekend, bullish sentiment weakened, and the market has once again entered a high-level consolidation.

From the daily chart perspective, although the price showed a rebound yesterday, the subsequent supply was insufficient, and the trend did not stabilize upwards. We are currently back in a range, and if the price cannot continuously rebound and break through the previous high resistance during the day, we expect the oscillation and consolidation to continue for some time.

On the short-term hourly chart, the Bollinger Bands are converging, and the price has repeatedly pulled back near the middle axis of the Bollinger Bands. The MACD on the 4-hour level shows positive values for both the fast and slow lines, but the MACD histogram is gradually shrinking. The RSI on the 4-hour level remains around 60, not entering the overbought zone. The EMA7 on the 4-hour level is near 94000, with the price rebounding after multiple touches, indicating short-term moving averages are providing support. The 4-hour level shows the price oscillating between 94000 and 95000, forming multiple upper and lower shadow lines, indicating a struggle between bulls and bears in the short term. Coupled with the weakening upward momentum in the short term, the overall market oscillation and consolidation will continue for some time. It is recommended to maintain a high-sell and low-buy strategy.

4.27 Bitcoin Short-term Reference:

Light position sell order 95200-96300, stop loss at 97800, take profit: 500, target below 94300,

Buy order 92500-93500, stop loss 500, target above 94500,

4.27 Ethereum Short-term Reference:

Sell order: 1835-1885, stop loss at 1970, take profit: 1990, target below 1690,

Buy order, 1750-1700, stop loss 30 points, target above 1790,

The article has a delay in sending, strategy suggestions are for reference only, the market changes rapidly, regardless of how high the judgment and grasp of the market are, stop-loss and take-profit must be well managed, securing profits.