4.29 Midday Pancake Trading Strategy

The road to success is not crowded, because there are not many who can persist until the end. When you want to give up, please tell yourself to hold on a little longer, because often this little bit of perseverance brings you one step closer to your dreams.

Short-term fluctuations are accumulating momentum, a key breakthrough is imminent.

From a daily chart perspective, the overall trend is relatively strong, but it has yet to break through the range of the previous bullish engulfing daily candle that reclaimed the previous day's bearish candle, indicating strong buying support, and the bears have not been able to sustain their pressure. The Bollinger Bands are opening upwards: the middle band is extending upward, and the overall trend is still dominated by bulls, but the price has not yet broken through the recent fluctuation range (93000-95800). The key resistance at 95700-95800 has become a recent dividing line between bulls and bears; if broken with volume, it may open up a new round of upward movement. On the 4-hour chart, upward movement meets resistance, indicating short-term fluctuation correction. A stagnation signal has appeared with two consecutive bullish candles followed by a small bearish candle with a long upper shadow, indicating increased selling pressure above and a weakening of bullish momentum. The Bollinger Bands are tightening, and the price is operating between the middle and upper bands, with the market entering a short-term consolidation phase, awaiting direction choice. The MACD/RSI indicators show a MACD golden cross but with slightly reduced volume, and RSI has retreated after approaching 60-70, indicating a short-term pullback demand.

Midday Trading Suggestions

Buy on pullback at lower levels

Buy at 93500-94000, Target 95000

Breakout at 96000#加密市场反弹 #Strategy增持比特币 #BTC走势分析 #ETH