Market Trend Analysis: $BTC (April 28, 2026)


Four-hour level:
A very standard double top pattern, then begins to decline, breaks below the upward trend line, and rebounds slightly for a second decline, testing the pressure level of the upward trend line successfully✅.
Daily level:
Also a standard double top formation, followed by a smooth break below the ascending trend line, with no sign of reversal at the moment.
Trading Strategy:
The support zone between 75,700 and 75,300 is the strongest support level below, and also the best position for long positions, because the current rapid decline is not what I consider the true top of the decline. Although it shows a downward pattern, I still firmly believe in breaking through the 80k integer mark.
Short-selling strategy: If chasing the short, it must break below 75,300 and fail to stabilize at the first support level I provided before following the trend to short the market.
BTC-1.24%
View Original
post-image
post-image
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