April 27 Midday BTC Public Strategy: High-Level Fluctuation, Bull-Bear Battle

Market Situation

Today, after spiking to 78,411, it faced resistance and pulled back, current price around 78,235, with high-level fluctuation and consolidation continuing, short-term bulls and bears oscillating, the direction unclear, the larger bullish trend remains intact.

Key Range (Current price 78,235)

Resistance Above

1. 78,500-78,700 (Intraday strong resistance, if rebound cannot break through, continuation of fluctuation and pullback)

2. 79,000-79,500 (Strong resistance zone, volume breakout and stabilization are needed to open upward space)

Support Below

1. 77,800-78,000 (Short-term core support, stabilization can attempt small long positions)

2. 77,300-77,500 (Strong support band, pullback and stabilization are good entry points for buying)

Short-term Judgment

• 4-hour timeframe: MACD at high level is losing momentum, bullish energy diminishing, high probability of short-term fluctuation and correction

• Hourly chart: Bulls and bears alternate, rebound volume insufficient, prefer range trading before breaking new highs

• Daily timeframe: Bullish structure remains intact, current fluctuation is a high-level shakeout, not a trend reversal

Operational Suggestions

1. Rebound to short: Light short positions around 79,000-79,300, stop loss at 79,500, target 78,000-77,800

2. Stabilize and go long:

◦ Stabilize around 77,000-78,000 and attempt to buy on dips, stop loss at 77,500, target 78,500-78,700

◦ If pullback stabilizes around 77,300-77,500, add to long positions, with the same target as above