Tuesday, April 28 — BTC Morning Market Analysis

Overnight, Bitcoin overall held at a high level with reduced volume, trading in a tight range. Price repeatedly tested slightly up and down, while both bulls and bears showed balanced strength—no continuation of a one-sided up or down move. The market’s overall sentiment is relatively cautious. This is a normal consolidation after an upswing: it clears short-term floating positions through sideways action, leaves the overall market calm and accumulating momentum, and waits for an intraday break through key levels to determine the direction.

On the daily timeframe, the bullish trend remains intact. Moving averages continue to support the price, and the larger-scale bullish structure stays unchanged, with no reversal signals. On the four-hour chart, the trading range keeps narrowing; indicators are becoming less active, and short-term consolidation and correction are showing clear signs of recovery. Key resistance is concentrated at 78,400, with heavier resistance at 79,800. Short-term core support is at 76,000. Currently, the overall market is still leaning bullish at high levels, with consolidation and rest as the main theme. For today, focus on the direction of the range break: if resistance is broken, the rebound is likely to continue; if support is broken, it will enter a short-term pullback.

Tuesday morning—my personal view: on a pullback to 76,800–76,500, go long directly. Place defense at 75,600. Targets are in the 78,500–80,000 area. Overall idea: consolidation with a bullish bias, mainly going long on dips; follow through in the direction after a level break; use strict risk controls with light positioning. $BTC