Analysis of Bitcoin on Saturday, April 25, early morning

This round of BTC short-term decline is a consolidation shakeout during the bullish upward trend, with the overall upward structure intact and complete.
The selling pressure continues to weaken, and the support at the lows is solidly holding, with no trend breakdown.
The Bollinger Bands remain upward, with the price close to the lower band entering an oversold zone.
Technical buying support below is firm, and the rebound and correction demand are sufficient.
The middle band is only a short-term temporary resistance.
The MACD indicator is sluggish at low levels, with downward momentum gradually exhausted.
The two lines are about to turn upward and form a golden cross, combined with continuous net capital inflow in the market, indicating that the short-term correction space is nearly exhausted.
Overall, the bullish fundamental outlook remains unchanged.
After the pullback and accumulation, the market will begin a rebound and rally.
Once stabilized, it will continue to test previous highs.
Currently, the bullish position has a very high cost-performance ratio.
Accumulation and preparation are for a better surge.
Follow the trend and hold positions, patiently waiting for the market to warm up.
A personal suggestion is to lightly buy around 76,200-77,000, with a target of 78,200-79,000.
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