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A Wang An'an's analysis of Bitcoin consolidation on April 21 evening:
Although the Bitcoin white plate has experienced a phased rebound and recovery, trading volume continues to shrink, and there has been no effective increase in volume to follow up, indicating that bullish momentum is clearly insufficient. Coupled with the cooling of market capital sentiment and multiple technical indicators weakening simultaneously, short-term selling pressure remains heavy, and upward space is limited. Overall, it remains in a high-level oscillation and consolidation pattern. Traders should remain cautious, strictly control positions and stop-losses, and guard against the risk of a sharp pullback after a rally.
Trading suggestion:
When Bitcoin rebounds near the 77,000 area, consider reversing to a cautious stance. Target 76,500-75,000! Take profit and stop-loss!