4.28 Morning Analysis: The oscillation bottoming is complete, and a rebound signal is emerging. The early trading session today mainly adopts a low-buying approach.

Last night, after Bitcoin dipped to around 76,500, it maintained a sideways consolidation overall overnight, with the current price trading around the 77,000 range. Congratulations to those who seized the opportunity with the high-level short strategy provided yesterday morning!

Based on a comprehensive analysis of the current market, from the four-hour cycle perspective, after Bitcoin previously experienced a sharp decline with increased short selling volume, the downward momentum has significantly weakened, and the decline has not been effectively continued. The overall price has entered a sideways consolidation state; the Bollinger Bands remain stable and do not show signs of a downward turn opening a bearish signal, indicating that the current downside space has been effectively limited.
In terms of short-term technical analysis, although the MACD indicator on the chart remains in a death cross downward trend, the trading volume associated with the decline has not continued to increase, and selling pressure is gradually weakening; at the same time, the KDJ stochastic indicator has entered the oversold zone deeply, and in an oversold state, the price is likely to experience a technical rebound, with indicators turning upward to recover.

Trading suggestions:

- Pullback to the 76,500-76,000 area can be used to establish long positions
- Target 78,200-78,600