4.27 Morning Poem Yuan View High-level resistance is obvious, short-term beware of pullback!



In the morning, the bulls attempted with increased volume, but the rebound to the 79,000 level faced resistance and pulled back; currently consolidating around 78,000; 4-hour chart shows continuous upward movement, but Bollinger Bands are flattening, with obvious piercing points, strong selling pressure at the 79,000 integer level, and insufficient buying follow-up.
The Yitai trend is stronger than BTC; after stabilizing above 2330 yesterday, the pace of rise and fall became faster; after touching the key resistance at 2380, it pulled back, now consolidating around 2360; high correlation but obvious resistance at high levels.
Overall, in the short term, it is relatively strong but encounters strong resistance, and the trading volume has not continued to expand; bullish breakthroughs are weak, and there is a need for a pullback and consolidation.

4-hour continuous bullish candles indicate a slightly bullish trend, but the middle band of Bollinger Bands is flat, and the upper band faces resistance, indicating high-level oscillation with a slight bullish bias, not a one-sided strong trend;
79,000 is a recent dense trading and psychological level, repeatedly tested without breaking, with signs of top fragmentation.

Bitcoin suggestion: 78,500-79,000, watch for a break above 80,000-83,000, target at 77,200, then lower at 76,500
Yitai suggestion: 2380, watch for a break above 2420-2450, support at 2330-2350
$BTC $GT $ETH
#Gate13周年现场直击
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#加密市场行情震荡
BTC1.48%
GT0.13%
ETH2.77%
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