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April 28 White Mu Xin Morning Market Analysis and Strategy
Early session fluctuated upward, surged to 77,450 points then faced resistance and pulled back, later rebounded and stabilized, currently consolidating around 77,100. Four-hour technical indicators are all weakening, indicating insufficient bullish momentum; although there is a rebound trend on the one-hour chart, the bearish volume is limited, and the indicators are moving downward with a death cross, showing a clear short-term correction demand.
·BTC: Short around 77,500-78,000, look for support at 76,500-75,000
·ETH: Short around 2,310-2,330, look for support at 2,260-2,200