4.21 Morning Thought Sharing

This morning, looking at the market, Bitcoin is currently trading around 76,000, oscillating near this level. Overall, it is in a pullback and consolidation phase after a push higher, as bearish forces are gradually releasing and the chart is showing signals of a relatively weak correction.
From the 4-hour cycle, after previously pushing up to 78,300, it was no longer able to continue. Then a clear high-level stagnation and consecutive declines appeared. The highs kept getting lower, and the rebound strength was weaker every time, indicating that selling pressure above is heavy. Bullish capital has started to gradually withdraw. Although the low points of this rebound have been lifted, they have never managed to break through the previous highs. Also, trading volume has continued to shrink during the rebound, and there are obvious signs of volume-price divergence. This often signals that upward momentum is exhausted and that the bears are preparing to take over.
Bitcoin trading strategy: Buy around 76,700-76,200, around (there) near 76,700-76,200, target around 75,500
Altcoin trading strategy: Buy around 2,330-2,350, around (there) near 2,330-2,350, target around 2,280
#Gate13周年现场直击 $BTC ‌