4.24 Morning Azuz's view: rebound to high altitude, follow the trend to layout!

4-hour chart, Bollinger Bands remain open upward, the overall upward channel structure is intact, and the bullish long-term trend remains solid. After surging to around 794, it encountered strong resistance and fell back, currently entering a stage of technical correction and repair, with the coin price temporarily operating in the upper middle band of the Bollinger Bands.

On the small cycle level, bullish momentum continues to weaken, the upward push is clearly insufficient, and the subsequent upward energy gradually slows down. In the short term, the market bears are gradually gaining dominance, and the trend is oscillating weakly, with further decline and adjustment still possible in the future.

Bitcoin: When rebounding to the 78,700-79,000 range, consider shorting, with targets at 77,800-76,500.

Altcoin: When rebounding to the 2,350-2,390 range, consider shorting, with targets at 2,300-2,230.