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4.28 BTC Market Review
Today’s Silk Road System
Overall still remains in a volatile pattern after a rebound from high levels.
If it cannot increase volume to break above the resistance zone, weak oscillation will continue.
You can seize the opportunity for a pullback, with 76,500 as a key support level.
Actual Market Movement
In the morning, the price was pressured around 77,450 and pulled back, with two rounds of technical rebounds after the dip, but the upward momentum continued to weaken, and the rebound highs gradually moved lower.
In the evening, the market directly broke through the key support at 76,500, with the bulls losing their defensive line, further confirming the bearish trend, and the downward space opens up.
Today’s market trend confirmed the judgment that “a weak rebound that does not break through the resistance level will continue to oscillate downward,” and breaking the key support also highlights the importance of “changing strategy when the defense line is lost.”
Market volatility always tests the ability to judge the trend and respond flexibly; only by dynamically adjusting strategies can one stay steady in a volatile market.
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