4.23 Midday Market Analysis $BTC $ETH $SOL

Bitcoin continues to maintain a strong setup at high levels, and the narrow-range consolidation does not change the core bullish trend. The pullback depth is extremely shallow, and the key support is unbreakable. Institutional buying continues to provide support and absorb the follow-through. Every pullback is a bull trap and a washout of stop-hunting, thoroughly clearing out floating positions to build up momentum for a fresh round of upside gains within the day. Yesterday saw a strong breakout above the 79,000 threshold, fully activating bullish momentum and opening up the upward space in all aspects.

The daily upward channel remains intact, with moving averages arranged in a bullish order. The MACD golden cross continues, and the medium-term uptrend is irreversible. On the 4-hour cycle, after pulling back to support, price quickly stabilizes and rebounds. The Bollinger Bands widen upward, and the mid-line provides strong support. Bearish MACD momentum continues to fade, the KDJ turns upward from low levels and forms a golden cross, short-term rebound signals resonate, and support below is solid layer by layer.

Trading Suggestions
Buy in batches near 77,400-77,800 for Bitcoin; targets are around 79,000-80,000

Buy in batches near 2,330-2,350 for Ethereum; targets are around 2,400-2,440