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Bitcoin’s price yesterday moved within a range, trading in a box pattern with plenty of opportunities. We maintain a bullish bias at low levels and a bearish bias at high levels. During this phase, we successfully found two waves of opportunities and exited decisively for gains—now the current 38 consecutive wins continue.
On the daily chart, the market is consolidating at a high level. The candlesticks remain running within the upper-to-middle band range. After testing the top area and facing resistance, it pulled back, formed two bearish candles, and then switched to bullish candles. The Bollinger Bands are opening upward; as long as the middle-band support at 79,300 is not broken, this market trend still shows a bullish rise.
On the four-hour chart, the price is trading in a range box with the range narrowing. The upward and downward swing space is gradually shrinking—just waiting for an opportunity to build energy and break out. Yesterday, after retracing and probing the four-hour lower band, it closed with a lower shadow and then broke through the middle band. This shows that rebound sentiment is relatively strong. The earlier pullback in the price action is therefore viewed as bullish.
It is recommended to look for long opportunities in batches around the bottom area of 80,300–79,800. Targets are 81,500. If it breaks out, look at 82,600. #美国4月CPI上涨3.8%