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April 27 Morning
Thoughts and Analysis:
On Monday morning, Bitcoin remains volatile at a high level, seeming strong and gathering strength, but in fact, the bullish momentum has already weakened.
There was no deep retracement overnight, which is not a continuation of the rally, but a warning sign that the bulls are unable to push higher and that the high-level price is stagnating.
Although Bitcoin is trading above 77k, the overhead pressure in the 79,500-80,500 range is heavy, and the bulls are unable to break through.
Four-hour consolidation with decreasing volume is not a sign of indicator recovery, but a sign of exhausted buying, and bears could strike at any time.
The daily chart appears to be in a bullish channel, but hidden risks of a pullback remain.
Current high-level oscillation is a trap for false signals, and a significant correction is likely ahead.
The market trend is imminent.
Trading Suggestions:
Bitcoin: Rebound between 79,400-79,500, target 78,200, 78,000
#美伊谈判陷入僵局 $BTC $ETH