4.29 Morning Thoughts

From a technical analysis perspective, the current market is undergoing a phase adjustment at the daily candlestick level, with prices maintaining a consolidation pattern in the high range, and the short-term trend showing a relatively clear sideways characteristic. The MACD indicator on the four-hour cycle is currently below the zero line, releasing bearish momentum, indicating that there is certain selling pressure resistance above. The Relative Strength Index (RSI) value is approaching 60, still operating within a neutral range, and has not yet touched the overbought or oversold critical values, reflecting that the market's bullish and bearish forces are temporarily in a balanced state. The KDJ indicator shows initial signs of a downward turn at the hourly level, while maintaining an upward divergence at the four-hour level. Based on the above technical signals, the short-term operational strategy suggests focusing on capturing rebound trends.

Operational thoughts for Bitcoin: Sell near 95400-96000, aiming for 93500.