4.28 Evening Market Analysis$BTC $ETH

In the evening session, the market is in a phase of consolidating at high levels after a sharp rise, building up energy. During the US trading hours, competition between bulls and bears intensifies. Overall, the bears’ selling pressure is weak, while the bulls’ follow-through and support are strong. This is a benign pullback and consolidation trend during an ongoing uptrend.

On the four-hour timeframe, the BTC Bollinger Bands continue to narrow and close flat, and the market has entered a critical window for choosing direction. The coin price holds above the middle band of the Bollinger Bands. The bullish structure remains intact and steady. Moving averages across all cycles have turned upward; support underneath is reinforced layer by layer. The KDJ stays in a low-level golden cross and continues rising, with bullish momentum accumulating continuously. The bullish signals are clear, and the subsequent push upward has sufficient momentum.

The price action of the big coin and Ethereum is highly correlated. They move in sync with a slightly bullish bias, with firmly anchored support and a consistent overall mindset of buying with the trend.

Trading suggestions:
Buy the dip in the BTC 75500-76000 range, targeting around 77000-79000
For Ethereum, go long near 2250-2270, targeting around 2310-2360