After the quick pullback from 1750 yesterday, ETH didn’t give an opportunity for entry on the right side. For intraday trading, just follow the direction of the market. If it goes down, watch the two levels at 1780 and 1750. #btc
Although BTC experienced a pullback yesterday, it was subsequently pulled back up and is currently in a high-level range consolidation.
The monthly closing is approaching soon, with a large number of options expiring, which will lead to significant volatility – presenting both opportunities and risks.
Today, we will first look at range consolidation, with strong resistance above at 96200 and main support below at 93200 and 91600.
For intraday operations, one can consider entering the range of 952-955 first, with targets at 942 and 932.
This morning's trade only ate a small segment, This trade will depend on whether the evening market can perform well! The decision has been made, the rest is up to the market. #btc
Since ETH has broken below the 1780 position, the next level of support to reference is the 1685 area. If there is a rebound here, take action; if not, skip it. Just refer to the overall market trend. #eth
On the morning of April 28, BTC finally experienced a significant pullback, reaching the support level of 83100 mentioned yesterday. Although there was some rebound, I personally feel that this pullback is not yet in place! In terms of daily operations, one can first go long at 93000 and look to see it reach the 94100 line, then reverse to short at 91600 here.
On the morning of April 27, BTC once again surged above 950 but encountered resistance and fell back. Today is Sunday, and the market liquidity is relatively low, so the volatility will still be quite small. Larger price fluctuations will occur in the evening.
From a daily perspective, BTC's short-term trend remains strong, but on an hourly basis, there has already been a top divergence, and the upward volume has decreased significantly. There is a strong demand for a correction, so pay attention to the two key support levels below: 931 and 910.
For intraday trading, you can choose to trade around 952, with a target to watch 93100. #btc
BTC rebounded after testing the 1-hour support area at 91600 yesterday. The rebound here was not very strong, and the upper resistance of the daily range remains quite strong, while the upward volume is gradually shrinking. Therefore, we can expect a period of high-level consolidation with reduced volume during the day.
Next, we should pay attention to whether the hourly EMA support can trigger another rebound.
For intraday operations, one can take a small defensive position around 925 and 912 for a short-term rebound.
BTC reached a peak of 94,900 last night, which is the upper boundary of the daily k level, and then fell back to the hourly support at 91,800, initiating a small-scale rebound.
Currently, this small-scale rebound has no volume and shows a top divergence pattern, so it will continue to test support downwards. Only after confirming the support is valid will it continue upwards.
If the hourly support continues to break down, it will further test the next level of support, located in the 89,000 area. After confirming the effectiveness of this position, it will require some sideways consolidation to correct the previous excessive stretch.
For the day, BTC price currently stands at 93,400. It is advisable not to maintain an overly bullish sentiment at this moment; first, observe which direction the price moves before deciding on how to act;
Those looking to open long positions can wait to enter around the 91,500 area, targeting 94,800.
For short positions, entry can be considered in the high point 948-950 area, targeting 93. #btc #BTC走势分析
After the US stock market closed on April 23, BTC is currently still stable above 91000. We need to pay attention to whether 917-920 can become a key resistance! If this position quickly falls back after a spike upwards, it can be considered as releasing selling pressure, making the resistance area effective!
Then, on the 4-hour level, it will form a divergence recovery pattern, with support at MA60, which is around 89000. If it continues to break down here, it will be seen as a failure of the daily level breakout, and the subsequent operations will need to consider a daily level pullback!
Personally, I currently do not consider chasing at the 912 position. The upcoming intraday operations have two types of thinking:
1. After testing the resistance upwards effectively, enter when it falls back, expecting a divergence recovery, aiming for 89000.
2. Wait until the divergence recovery is completed before entering, expecting a sprint upwards, aiming for 92000. #btc #加密市场反弹
After the US stock market closed on April 23, BTC is currently still stable above 91000. We need to pay attention to whether 917-920 can become a key resistance! If this position quickly falls back after a spike upwards, it can be considered as releasing selling pressure, making the resistance area effective!
Then, on the 4-hour level, it will form a divergence recovery pattern, with support at MA60, which is around 89000. If it continues to break down here, it will be seen as a failure of the daily level breakout, and the subsequent operations will need to consider a daily level pullback!
Personally, I currently do not consider chasing at the 912 position. The upcoming intraday operations have two types of thinking:
1. After testing the resistance upwards effectively, enter when it falls back, expecting a divergence recovery, aiming for 89000.
2. Wait until the divergence recovery is completed before entering, expecting a sprint upwards, aiming for 92000. #btc #加密市场反弹
At this moment, with the surge in gold and the decline in U.S. stocks and the dollar, can the safe-haven property of BTC gradually manifest?
The last time this happened was on the 5th of this month, where BTC was surprisingly 'hard'. Everyone also discussed this matter, but it ended up being forgotten after the subsequent correction!
This time, I personally still believe that with BTC's current high volatility, it is not likely to demonstrate better safe-haven properties at this moment!
Subjective trading remains focused on trading false breakouts + expectations of liquidity liquidation! #btc