April 28 Morning $BTC 77,100, $ETH 2,297, both confirmed support at low levels in the early morning and then experienced a complete rally. Currently, there is a pullback at high levels, entering a phase of correction after the upward move. The overall trend has not been broken, but short-term momentum has clearly weakened, and the market has shifted from an offensive to a consolidating phase.



April 28 [Trading Suggestions] BTC rebounds in the 77,400-77,800 range, prioritize short positions with a stop loss at 78,250, targeting 76,800-76,400; retrace to 76,400-76,800 range, go long with a stop loss at 76,000, targeting 77,200-77,800. ETH rebounds at 2,305-2,320, short with a stop loss at 2,340, targeting 2,290-2,268; retrace to 2,268-2,290, go long with a stop loss at 2,240, targeting above 2,310. If BTC falls below 76,400 or ETH below 2,268, the structure weakens; if it re-stabilizes above 78,000/2,320, the correction ends and the upward move continues.

The current market is about positioning, not sentiment.
BTC-2.83%
ETH-4.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin