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4.28 Biscuit Analysis
From the market screen, Biscuit has gone through a wave of sharp decline and then quickly repaired itself. The low was probed at 2263, the high touched 2328, and it is currently consolidating around 2300. The KDJ indicator shows that the J value has reached 98.74, nearing the overbought zone, indicating a short-term need for a pullback to build up strength.
Technically, the price has recovered the ground lost in the sharp drop, but there is selling pressure in the 2310–2330 range above. Short-term support has formed around 2290 below. Currently, the bullish recovery momentum is still present, but there are signs that the indicators at high levels are dulling—be alert to the risk of a pullback after a spike.
Trading suggestion: 2330–2360 space, target 2250–2200.#比特币突破7.9万美元 $ETH $GT $BTC