April 26 Midday Market Thoughts


$BTC From the four-hour chart, Bitcoin has completed a sufficient correction and stabilized at a key support zone, and the consolidation phase since the high has basically ended. During the pullback, the price has not effectively broken below the support range, with the lows gradually rising, showing strong bullish momentum and market buying support. The overall trend has not shown signs of weakening. Currently, the price center of gravity is steadily moving upward, and the bullish rebound momentum is continuously accumulating. Market sentiment has shifted from cautious waiting to a more active, bullish stance. As long as the price can hold the current support zone, it is expected to gradually test the upper resistance levels. Once a valid breakout occurs, a new upward space will open. The overall rhythm still leans towards oscillating upward, and trading should mainly focus on buying low, not easily bearish, and following the trend to grasp the rhythm.

Bitcoin Trading Strategy: Buy near 77,500-77,000, target 79,000, stop loss at 76,500
Altcoin Trading Strategy: Buy near 2,300-2,280, target 2,360, stop loss at 2,260
BTC0.24%
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