4.28 BTC/ETH Market Guide:

Good morning, Bitcoin experienced a pullback this morning, dipping to around 92700. On Friday, it rebounded to a high of around 95700. So for those who are looking to short, it’s undoubtedly profitable to short near 94500 and 95500. Of course, here at Zhongliang, the choice is to go long at lower prices. The low long position from early Saturday reminded about reducing positions for the weekend; after reducing positions, adjusting to a breakeven stop-loss allows for a worry-free weekend.

The weekly Bitcoin chart has achieved three consecutive bullish candles, with the price standing above the middle band of the Bollinger Bands, and the MACD bearish momentum continuously diminishing. The KDJ has a golden cross upward. Although the RSI shows signs of a potential turn at high levels, the impact is minimal, and it is advisable not to chase long positions at high levels. Allow for pullbacks and focus on going long at lower prices. The daily chart shows that Saturday and the weekend closed with bearish candles; after a previous seven consecutive bullish candles, it is normal to see some pullback. Saturday closed with a doji, and the weekend closed with an inverted hammer, indicating a continuation of the upward trend—pullbacks are opportunities to buy.

For Bitcoin, resistance is at 94500 and 95500; if it rebounds here without breaking through, shorting can be considered with a small stop-loss. Support is at 92500 and 91500; as long as it doesn’t break below 90000, the outlook remains bullish, primarily focusing on going long, with targets at 93500, 94500, and 95500.

For Ethereum, support to watch is at 1750, 1720, and 1690; low long positions can be set around here waiting for a move, with targets at 1790, 1840, and 1880.

Last week, Bitcoin surged high, and this week there is a need for a pullback, so shorting at high levels or following the breakdown of support to short is possible. For those bullish, setting low long positions at support levels is also an option. Until the support levels are broken, no one can know if they will hold. What can be done is to set proper stop-losses, manage positions well, and let time validate your thoughts—it’s not complicated! #MichaelSaylor暗示增持BTC $BTC