4.27 Monday, the latest morning thoughts on Bitcoin: don’t chase after high prices; first look for a short intraday

The weekend always passes so quickly. A new week is here again—fresh start. Wishing everyone good luck!

Looking back at the weekend, since Bitcoin dropped to 771 on Saturday night, it has been slowly climbing all the way. In the early hours this morning, the high briefly touched around 790. The short-term rhythm is strengthening again. At the moment, Bitcoin is holding above 780.

From the four-hour chart: after the earlier low and the 650 support, the overall picture is dominated by the bulls, rising steadily. During this time, all pullbacks have been for the bulls to build up strength. Currently, short-term support is at 770. Overhead resistance is in the 790–795 area. The short-term trend is strong, but after multiple pushes higher, it still hasn’t broken through the key resistance zone. At this point, for today we’ll first look for a pullback; after it drops, then look for more longs.

In the morning, Bitcoin reference is around 788 and 793—sell short in batches. Look for downside toward the 770–760 area. If it drops, don’t extend the move to reverse for longs. #加密市场行情震荡