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April 28 Evening
Thought Process Analysis:
In the evening, the market surged and then maintained high-level consolidation, with the bulls and bears engaging in increasingly fierce battles. On the surface, it appears that the bearish momentum is weakening and the bulls are strongly supporting, creating a false impression of an upward shakeout, but in reality, there are hidden traps for trap buyers.
The Bitcoin four-hour Bollinger Bands continue to contract, entering a critical turning point. Although the short-term price has stabilized above the middle band and indicators seem bullish, the overall upward momentum has already been exhausted. The bulls' advantage is only a temporary illusion; after a correction to lure in buyers, the bearish force will be concentrated and released.
The "Auntie" (a nickname for a certain trading pattern or indicator) moves in sync, with high-level support appearing superficial and weak, and the rebound space is limited. Do not be fooled by short-term illusions; all current oscillations and corrections are preparing for a decline. The overall outlook remains bearish, and patience is needed until the market fulfills expectations.
Trading Suggestions:
Bitcoin: Short at 76,400-77,000 on rebound, target 75,000, 74,000.
Auntie: Short at 2,290-2,300 on rebound, target 2,250, 2,230.
#加密市场小幅下跌 $BTC $ETH