April 28th: The “big pancake” rebound idea is only a correction—its high-altitude rhythm remains unchanged



In the early morning, the price probed down to the 76,400 support level and then stabilized. It was followed by a weak rebound to around 77,400, maintaining a tight sideways range. This move clearly carries the technical characteristics of a bottoming repair and recovery, not a reversal.

4-hour cycle: The support below has been largely consumed by repeated tests in the prior period. The current rebound momentum is limited; overall, the rhythm is still pressured by the bears.
The current rise is more likely to lure longs or to optimize short entries. Until there is a breakout above the key resistance with increased volume, there should be no fantasy of a reversal.
A rebound is an opportunity to exit or to set up short positions. Stick to trend-following and absolutely do not blindly chase higher prices.
Entry range: Around 77,500 – 78,000, enter in batches with a “southbound” mindset.
Downside targets: If 76,000 breaks, continue to watch 74,800.
A rebound is to give opportunities, not to change direction. Keep the main line thinking of shorting rebounds, and control your position size to manage volatility.
#伊朗提出霍尔木兹海峡重开协议条件 #白宫记协晚宴发生枪击事件 #BTC
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