Bitcoin makes two attempts to break through 79.5k and pulls back, is this the top? Currently, there are no signs of a top; the short-term pressure and pullback may continue downward, focusing on the 75k level. On Monday, it was mentioned that breaking below 77k would lead to continued testing of the 75k-76k range. Overall, the market remains in a stagflationary pressure state. Why is there a pullback expected at the end of this week??? Recently, issues between Iran and the U.S. have eased, but no substantial resolution has been reached, which provides some support for Bitcoin, yet it remains the most concerning factor. After all, this wave of testing 80k repeatedly was driven by institutional inflows, but the strength was limited; otherwise, it would have directly broken through 80k. This week, the Federal Reserve's interest rate decision and Powell's speech are upcoming. Rate cuts are unlikely, with the focus on Powell's speech. Whether he steps down or stays on remains a key concern for the market. However, I believe a hawkish signal will be sent. Following that, the seven major U.S. tech giants will report earnings. Recently, the NASDAQ has hit new highs, and the earnings reports may also cause market volatility. Finally, economic data will be released one after another, and with the monthly close approaching, the current volatility is brewing a big rally. However, I lean more toward a pressure-driven pullback, with the possibility of testing the 75,000 level below. $BTC #加密市场小幅下跌

Bitcoin Ethereum afternoon trading strategy

4.28 Bitcoin Ethereum Latest Market Trend Analysis Intraday Market Review: Bitcoin started a rebound from the low of 76,461 with oscillations, reaching a high of 78,266, currently consolidating around the 77,000 range; Ethereum moved in tandem with the overall market trend, dropping to a low of 2,266.15 before beginning a recovery, with the current quote at 2,289.5, showing very strong correlation with the market. Market Structure Analysis: On the 4-hour chart, Bitcoin faced heavy selling pressure after a prior surge, with continuous bearish candles leading to a decline, indicating the overall market is entering a correction and adjustment phase; on the 1-hour small cycle, after a quick bottoming out, bearish momentum has significantly weakened, with sufficient buying support at low levels, causing the price to re-cross the short-term moving average, showing a technical rebound, and short-term bullish sentiment is warming. Based on the overall market assessment, subsequent operations should prioritize long positions at low levels. Bitcoin: Place long orders around 76,000, target 77,500 Ethereum: Place long orders around 2,260, target 2,320 #WCTC交易王PK #加密市场小幅下跌 $BTC $ETH $GT