Sunday, April 26,, Consolidation with Potential for Bulls to Rise



Yesterday, the coin price slightly retreated from high levels, repeatedly oscillating and fluctuating. Although the market appears calm with ups and downs, it is actually clearing out short-term trapped funds and digesting selling pressure. Every dip failed to continue downward, quickly rebounding off support levels, combined with continuous institutional capital support, indicating that the market bulls are confident, and the overall trend is relatively warm.

The daily trend is gently rising, with a complete and smooth upward channel, and the long-term bullish pattern has never changed. The short-term four-hour bearish momentum continues to diminish, and indicators are gradually recovering and warming up. The market boundaries are clear, with 77,000 firmly supporting the bottom, showing strong resilience; 78,800–79,200 is a short-term resistance zone. Once broken, the bullish trend will extend upward smoothly.

On Sunday morning, it is recommended to buy on dips around: 77,000-77,200, with a stop loss at 76,500, and targets at 78,500 and 79,200 respectively; if the price stabilizes above 78,800, consider light long positions with a stop loss at 78,300, aiming for a high of 79,800.

Trading does not need to be rushed; all waiting in the market is for better opportunities. Stay calm, hold your position, and wait quietly for the blossoms to come naturally. $BTC
BTC-0,31%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin