Analyst Liang Qiu: 4.29 Bitcoin Auntie Narrow Fluctuations with Evening Market Analysis

Bitcoin Auntie has not experienced significant volatility in recent days. Since the market rose from around 83000 and 1600 to above 93000 and 1750, the overall retracement has been relatively small, with resistance above and support below, showing weak continuation for both bulls and bears. In this market, it is relatively easy to find room for operation. Currently, after the market has risen, it is fluctuating narrowly, with resistance still present around 96000 and 1850. From the daily MA indicators, the 7-day moving average has diverged from the 10-day and 30-day moving averages and has started to turn downwards, indicating that the market has some repair and consolidation space.

In terms of K-line patterns, the recent price has continued to fluctuate around 95000 and 1800, forming long upper and lower shadows, showing that there is some selling pressure and buying interest in the market. The daily chart has shown multiple high-level pullbacks, indicating significant pressure above. On the technical indicators, the MACD shows negative values and is gradually decreasing, indicating that bearish strength is weakening; however, caution is still needed as the rebound lacks strength. If the resistance above is not broken, one can consider entering short positions at higher levels.

For evening operations, Liang Qiu suggests entering short positions for Bitcoin near 95000 to 95500, targeting around 93500; for Ethereum, entering short near 1820 to 1830, targeting around 1760.

Daily strategy analysis is limited, and the market is variable. Specific actions should be based on real-time information. #加密市场反弹