April 27 Bitcoin Daily Analysis:
Before the troops move, the supplies must advance; before the market moves, strategies must be in place.
Compared to yesterday, the trading volume of Bitcoin has warmed up a bit. This morning, it spiked to around 952 and quickly fell back to 935. I previously mentioned the importance of watching the 943 position. Currently, the four-hour chart has broken below this level, and the short-term upward trend is slowing down due to the weekend market, now in a range-bound fluctuation phase.
From the daily candlestick chart, the upper Bollinger Band is still in a widening upward state, indicating that there is still upward space for the market. The key support at the bottom is 932; we will observe the four-hour breakout situation. During the day, we will operate within the range of 932-855 focusing on low entries and high exits.
Ethereum's support is at 1720-1750-1780, with the key level at 1780 temporarily unbroken. This morning, it also spiked up to 1857. During the day, we will operate within the range of 1780-1837.
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