4.27 Afternoon Thought Sharing


From the four-hour chart, Bitcoin has experienced a round of oscillating upward movement, then after spiking high last night, it quickly pulled back, and the current price is in a consolidation phase.

From the bullish rhythm perspective, the funds supporting this rally are very solid, and during the pullback, there was no obvious escape of bullish momentum. The overall upward trend structure remains intact. The pullback after the spike appears to be a normal profit-taking process, a healthy correction during an uptrend. As long as the key support area holds, the bullish trend will not easily reverse.

Currently, the outlook remains bullish; the pullback is an opportunity to buy at lower levels. Focus on the strength of the key support zone; if it does not break, you can gradually build long positions within this range. The upper target is to retest the previous high zone. If volume increases again and it breaks through the previous high, there is potential for a new upward space. Support can be placed below 76,800; if it falls below this level, the short-term bullish rhythm may be disrupted, requiring a reassessment of the trend.

Bitcoin trading strategy: Buy near 77,500-77,000, target 79,000, stop loss at 76,500
Altcoin trading strategy: Buy near 2,310-2,290, target 2,370, stop loss at 2,270
BTC-1,62%
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