4.30 Early Morning Market Analysis


Current BTC 4-hour chart: Bearish dominance, weak oscillation, short-term bearish.
- Support: 75,300-75,600 (Lower Bollinger Band + recent low)
- Resistance: 77,000 (Middle Bollinger Band), 78,800 (Upper Bollinger Band)
Indicator Signals
- Bollinger Bands: Opening downward, price near lower band, weak zone
- MACD: Bearish crossover, below zero line, bearish momentum dominates
- KDJ: Bearish crossover, J line oversold, short-term slight rebound correction needed
Judgment
1. Main direction (high probability): Rebound not breaking 77,000, continue to face downward pressure, breaking 75,300 targets 74,000
2. Secondary direction (low probability): 75,300 stabilizes, weak rebound to around 77,000 encounters resistance and falls back
Trading Suggestions
- Do not chase shorts, do not bottom-fish, mainly observe
- If rebound encounters resistance near 77,000, try a small short position
- Break below 75,300, rebound to retest, then add to short positions
- For longs, only consider after stabilizing above 76,500 with confirmation signals
BTC2.27%
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TheAccountHasBeenBanned
· 04-29 17:48
Chong Chong GT 🚀
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TheAccountHasBeenBanned
· 04-29 17:48
Buy the dip 😎
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