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April 26th Sunday Afternoon Zhongling BTC/ETH “Si Lu” Sharing
The weekend market has limited volatility, and overall it shows a tight-range consolidation. Prices oscillate up and down repeatedly, moving by more than a thousand points. Large cap Bitcoin is in a slow recovery; it once touched the 78,100 high and is currently trading around 77,900. Today, continue to wait for a pullback to go long. It’s expected that Monday’s market will break out and push through the 80,000 level.
Judging from the overall structure, the current oscillation range has not changed in any substantial way: the lows have not been broken, and the highs have not shifted higher. The trend is still continuing. There is clear resistance overhead in the short term, and the pullback has some strength as well. However, under the pattern dominated by bulls, it’s not advisable to trade against the trend. Just be patient and wait until the pullback ends before entering long positions. The hourly chart has already entered a convergence formation. As the range gradually compresses, bulls can easily launch a sharp upward push. Therefore, today the same idea remains: buy during the retracement.
Trading Suggestions
Buy “dō” in the 76,800-77,300 range for Bitcoin, target 80,000
Buy “dō” in the 2,270-2,290 range for Ethereum, target 2,430
$BTC $ETH $SOL #美伊谈判陷入僵局 #美军涉马杜罗押注事件 #跟单金牌星探 #英特尔与德州仪器大涨