4.28 Bitcoin Public Outlook


The market surged higher then faced resistance and pulled back, currently oscillating around the middle Bollinger Band with a weak bias, mainly focusing on shorting the rebounds and buying the dips, with strict position control within the range.
Key Levels
Resistance Zone: 77300–77450 (previous high + upper Bollinger Band)
Support Zone: 76800–77000 (middle Bollinger Band + current platform)
Trading Suggestions
Short Positions
When the price rebounds to 77300–77450 and shows signs of stagnation and declining volume, consider opening short positions, targeting a return to 76800–76500.
Long Positions
When the price dips and stabilizes within the 76800–77000 range, showing signs of a bottom, consider going long, targeting 77300–77800.
Breakout:
If volume increases and the price stabilizes above 77500, adjust your strategy to chase longs; if it effectively breaks below 76700, switch to a bearish outlook and follow the trend with short positions. After a surge and pullback, Bitcoin is currently in a high-level, weak oscillation state, mainly focusing on shorting the rebounds and buying the dips, with a trend adjustment upon a breakout.
BTC-1.02%
GT0.07%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments