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Analysis for the morning of April 29th
Yesterday, Yifan's current price order has already moved out of several hundred points, Bollinger Bands are tightening and stabilizing, the price has retreated to the lower band with strong support, and the downward momentum has completely exhausted.
The MA30 moving average forms a strong support to defend the market, the MACD bullish momentum remains active, and the chart shows clear bottoming and accumulation characteristics.
The current price is oscillating around the key support zone to gather strength, and in the short term, it is possible to break through the middle Bollinger Band resistance, initiating a rebound and upward attack.
In terms of operation, focus on buying on dips, relying on support levels for layout, and once the price stabilizes above the middle band, it can follow the trend towards the upper band target.
Yifan personally suggests buying near 75,600-75,000, with a target around 76,500-75,000#BTC #ETH #BTC走势分析