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April 24 Big Cake: High-level consolidation; short-term pullback pressure appears
The Big Cake fluctuated more than 2,000 points intraday, surged and then fell back, with a 24-hour percentage change of -0.8%.
From a technical perspective, at the daily level, the major uptrend remains bullish and has not been broken, with the bottom gradually rising; however, indicators are dulled at high levels, upside momentum has weakened, and it is in a consolidation and repair phase after an upward move. At the 4-hour level, the MACD death cross turns green, bearish momentum releases, and short-term pullback pressure is clearly visible.
Trading suggestions:
On the rebound around 78200, enter with a small position; set a stop loss above 795; target down near 76500$BTC #比特币反弹