4.28 Early Morning Silk Road

From the current market view, after the rise yesterday morning, the price once retraced to the support level for repeated testing. Currently, it is showing a sideways trend, with the lower support appearing particularly solid and indicating a signal for bottom construction. In the future, it will continue to accumulate strength for another rise.

From the four-hour chart analysis, the Bollinger Bands are narrowing and moving sideways, but still located in the mid-band area. The lower band shows an upward trend, and the KDJ indicator's dead cross pattern is about to form. The bottom support level at 940 points has already stabilized, and a rise in the short term is just a matter of time. Subsequent operations are advised to focus on buying long at low levels!

Bitcoin: 93200-94000 upwards, targeting 95500-98000

Ethereum: 1750-1800 upwards, targeting 1860-1960

For reference only