4.24 Midday BTC Public Strategy

Today, after surging to 78,700, it oscillated and pulled back, currently around 77,700, with continued mid-level consolidation, short-term weakness, but the overall bullish trend remains intact.

Key Range (Current price 78,200)

• Resistance above:

1. 78,500-78,800 (Intraday strong resistance, if the rebound cannot break through, it will continue to decline)

2. 79,400-80,000 (Strong resistance zone, only when volume increases and it stabilizes above can the upward space open)

• Support below:

1. 77,000 (Short-term core support, stabilization can attempt small long positions)

2. 76,300-76,500 (Strong support zone, a pullback and stabilization is a good opportunity for low buy-ins)

Short-term Judgment

• 4-hour MACD shows a death cross, hourly chart is dominated by a bearish trend, if it cannot break 78,800 on the rebound, expect a decline.

• Daily chart remains bullish, the pullback is a shakeout, not a reversal.

Trading Suggestions

1. Rebound short: Light short positions at 78,500-78,800, stop loss at 79,200, target 77,500-77,000.

2. Stabilize and go long: Stabilize around 77,000 to attempt long positions, stop loss at 76,500, target 78,500-78,800; if it stabilizes between 76,300-76,500, add to long positions.