Tuesday, April 28th, midday $BTC trading strategy and market analysis:


In the early session, the bulls decreased volume, temporarily recovering to around 77,500 before facing resistance and pulling back. Currently, the fluctuation range is gradually moving lower, with the rebound confirming resistance within the range. The short-term support is around 76,600. Trading volume during the daytime is poor, and the market is still in a consolidation phase.
Friends who entered long positions in the early session should hold patiently, waiting for the bears to increase volume and push downward.
From the current market perspective, the daily chart still shows a pattern of consecutive declines, although a relatively long lower shadow was formed yesterday. After further pullback, the trend remains downward, still testing the support of moving averages. The MACD indicator shows signs of a death cross at high levels, and the KDJ remains in a high-range consolidation before indicating a clear direction. The main trend moving forward is still downward.
On the 4-hour chart, a certain top-bottom pattern has emerged. The previous consolidation zone's bottom has transformed into the current consolidation zone's top, which is a typical bearish volume adjustment. Currently, bears dominate the consolidation with an intention to break lower. Continue to watch the key levels of 76,000 and 75,000.
Trading suggestions:
Bitcoin can be shorted around 77,000-76,700, targeting near 75,000.
Sharing daily updates is not to prove high win rates, but to let you know I am always here, watching the market around the clock—professional and reliable. Personal analysis and strategies are for reference only; please manage your own risks. Trading involves risks; invest cautiously! #BTC走势分析 #BTC☀
Follow Evening Wind for daily insights and in-depth analysis. Brother Feng doesn’t boast or make pie-in-the-sky promises—just shares practical experience to survive in the market! #比特币走势分析
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