4.30 Bitcoin rebounds under pressure, waiting for a pullback to continue looking for new highs
On the 1-hour chart, Bitcoin price has repeatedly tested the resistance level of 95578 during the day but faced pressure. This time it did not immediately pull back down, and the current price is still continuously trying to break upward. The short-term bullish momentum is still insufficient, with the MACD golden cross expanding slowly. The price continues to rely on the middle band of the Bollinger Bands for support. In the short term, it may face a trend reversal and pull back to test support, so pay attention to the breakout situation of the resistance level.
On the 4-hour chart, the current market is in slow oscillation, but the Bollinger Bands show signs of opening upward, and the KDJ has a clear upward turn. If the resistance level is broken, positions can be added to go long. For friends who find recent market operations unsatisfactory, consult btc0796 to communicate about the market together.
Go long on Bitcoin at 93500-94000, with a target of around 96500-99000. Protect at 92500.
Go long on Ethereum at 1760-1800, with a target of around 1910-2020. Protect at 1720.
