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April 27th midday analysis
This wave of market movement has fully developed a bullish trend on the 15-minute timeframe:
The price directly broke above the upper Bollinger Band with increased volume, and the Bollinger Bands are continuously expanding, indicating that short-term upward momentum has been fully released; the 7-day and 30-day moving averages are both sharply rising throughout, forming a strong bullish alignment, with support levels moving upward layer by layer; the MACD red histogram continues to enlarge, and the DIF line remains steadily above the DEA line, showing no signs of weakening bullish momentum.
Currently, the price has broken through the resistance near the previous high; as long as it pulls back to the upper Bollinger Band without breaking below, the bullish trend will continue.
Yifan repeatedly reminded everyone over the weekend to buy low and hold in line with the trend, perfectly timing the market rhythm, allowing family members to fully enjoy the trend's benefits.
The current focus is whether 79,000 can hold steady; once it stabilizes above 80,000, it’s just a matter of time.
And the second pattern can be synchronized as well. #BTC #ETH #加密市场反弹 #加密市场行情震荡