4.9 Morning Analysis$BTC $ETH $SOL

Yesterday early morning, Bitcoin surged to around 72,800 due to news stimuli, then traded sideways throughout the day with narrow fluctuations. In the evening, it attempted to retest the previous high twice but faced resistance and pulled back. We advised a low-buying strategy all day, and all targets were met.

Currently, the market is consolidating after a rise, with a narrow range of convergence. The late-session second attempt to top out failed, leading to a pullback, resulting in overall wide-range volatility. The daily chart shows a doji bearish candle, indicating a balance between bulls and bears; the four-hour double-needle top faces resistance, with insufficient volume at high levels, suggesting a short-term correction is needed. The hourly Bollinger bands are narrowing, indicating the market is entering a consolidation phase. After a pullback, there is still potential for a continued rally, so maintaining a low-buying approach is recommended.

Trading Suggestions:
Bitcoin dips to around 70,400-70,000 to buy, targeting 73,000-74,500.

Ethereum dips to around 2,180-2,160 to buy, targeting 2,250-2,300.