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April 28 Evening
Thought Process Analysis:
Intra-day Bitcoin first surged to a high of 79,400, but the bullish momentum quickly exhausted, and the high-level resistance caused a serious stagnation. In the afternoon, the market strongly reversed, with the bears taking full control, breaking below the key support of 78,000 and accelerating the plunge, with the lowest dip reaching the 76,000 level.
The "mistress" also weakened simultaneously, falling from above 2,400 to 2,260, with the entire day's decline reaching the maximum.
Throughout this session, the trend was to follow the bearish rhythm, with phased positions taken at high levels, and profits steadily realized. The week started with perfect control.
The multi-timeframe charts collectively weakened, rebounds were weak, and the trading center continued to shift downward.
Bitcoin's resistance at 77,500-78,000 was strong, and Ethereum at 2,320 faced obvious pressure.
In the short term, the bearish pattern remains solid. Going with the trend is the way to steadily harvest market gains.
Trading Suggestions:
Bitcoin: Rebound to 76,800-77,000, look for short opportunities, target 75,800, 75,000.
Mistress: Rebound to 2,290-2,300, look for short opportunities, target 2,245, 2,230.
#比特币突破7.9万美元 $BTC $ETH