April 28 Midday Analysis

In the morning, the “Silk Road” plan we provided followed through exactly as promised and successfully “walked out” 800—just as expected!!

The white pancake surged at the 1-hour level, topping 77,477, met resistance and then fell back under pressure, closing with a long upper wick. Bullish volume quickly weakened, and heavy sell pressure weighed heavily at high levels. The price dropped below short-term moving average support; the rebound lacked strength, forming the early signs of a double top. Bullish counterattack momentum is insufficient. Currently it is consolidating around 76,800. Support is at 76,500—once that level is broken, it will open up more downside room. The 77,000 area above has shifted from support to strong resistance. If it cannot be quickly reclaimed, the bearish trend will be further confirmed, with a high likelihood of a pullback to around 76,000.

In the short term, simply sell high and buy low based on the support and resistance levels!! For the medium to long term, follow the morning “Silk Road” approach and mainly go for shorting on rebounds—strictly control your position size and keep an eye on changes in volume. $BTC $GT $ETH