$BTC Crypto Circle Li Ying: April 28 Bitcoin 76,700 Becomes the Last Line of Defense: Will a Breakdown Trigger a Chain Reaction? Latest Market Analysis and Trading Recommendations


  
  Family members! Bitcoin is currently at 76,820, and recent market movements have been quite turbulent. It just surged close to 80k, but failed to stabilize, resulting in a sharp plunge. Now it’s bouncing around this level. Overall, market sentiment is a bit conflicted; the bulls want to push higher but are somewhat powerless, while the bears are taking advantage to suppress the price. Currently, the price is stuck in the middle, neither going up nor down. Retail investors are probably watching cautiously, waiting to see which direction it will take next—whether to continue upward or to drop further. It all depends on whether the next few hours can provide a clear signal.
  
  From a technical perspective, the Bollinger Bands are opening and leveling out, with the price oscillating between the middle and lower bands, indicating a consolidation phase with no clear trend; Regarding moving averages, the 7-day and 30-day MA are converging, and the 120-day MA provides support below, showing a medium-term trend is still intact, but short-term momentum is lacking; The MACD green bars are enlarging, with DIF and DEA forming a death cross downward, indicating bearish momentum is releasing, with downside energy. Overall, the technical indicators lean toward sideways and weak, but support levels below have not been broken, so watch out for the possibility of a rebound or accelerated decline.
  
  Short-term trading strategies (Li Ying’s precise guidance based on market conditions)
  
  Long strategy: 77,800-78,000, stop loss 78,500, target 76,500 aiming for 75,500
  
  Short strategy: 76,700-76,400, stop loss 76,000, target 77,200 aiming for 77,400
  
  Key reminder: If the price strongly breaks through 78,000 with high volume and stabilizes, the short-term weak trend will be reversed. Short positions should be closed, and attention can shift to buying on dips.
  
  Risk warning: The above analysis by Li Ying is based on real-time market data and is for reference only. It does not constitute investment advice. Trading risks are your own responsibility. #加密市场普遍上涨
BTC-1,89%
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