On Monday, April 27th, the latest morning take on Bitcoin: don’t chase the high level; first look for a short within the day.

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

Looking back at the weekend: since Bitcoin dipped to 771 on Saturday night, it’s been grinding higher all the way. Early this morning, the peak briefly touched around 790. In the short term, momentum has strengthened again. Currently, Bitcoin is standing above 780.

From the four-hour chart: since the earlier bottom at the 650 support, the overall price action has been led by the bulls, climbing higher steadily. All pullbacks along the way have been in service of building up strength for the bulls. At present, near-term support is 770, with resistance in the 790-795 area. Although the short-term trend is strong, it has probed upward multiple times without ever breaking through the key resistance zone. At this point, first watch for a pullback today—if it drops, then consider going long again after.

Morning reference: Bitcoin around 788 and 793—take shorts in batches. Look down toward the 770-760 area. If it drops, don’t chase immediately; only take a counter long if the move doesn’t continue downward. #加密市场行情震荡