Crypto Circle Academician: Bitcoin's high-level consolidation and shakeout ended on 4.28! Key support held, and the future trend is clear! Latest market analysis and trading suggestions

Bitcoin's current price is 76,800, having just fallen from the high of 79,400. Now it's stuck at 76,800. Are many people panicking? Fear of being trapped when chasing longs, fear of missing out when shorting, watching the red and green candlesticks with no direction? Don't panic! This wave of correction is not a trend reversal; it's just a shakeout at high levels. Therefore, the 76,500 northbound move is valid, and you can continue to hold. Just set your stop-loss properly and leave the rest to time.

The daily K-line is in a recovery rebound channel after a decline. The price has stabilized above the short-term moving averages, with a bullish alignment forming support, but the EMA120 resistance above is obvious, limiting the rebound momentum. The MACD indicator's red bars are shrinking, indicating the bullish strength is gradually weakening. The Bollinger Bands are flattening, and the price is oscillating near the middle band, overall in the final stage of the rebound consolidation. If it cannot break through the previous high, it will likely enter a second retracement. Currently, focus on the strong support zone at 74,000-75,000 below.

The four-hour K-line's previous upward trend has not been completely broken. The current price at 76,800 is in a correction rebound range. The price broke below the short-term EMA15 but remains above the mid-term moving average. The Bollinger Bands' middle band is flat, and the price oscillates around it. A death cross has formed on MACD, with the green bars expanding, indicating short-term bearish momentum is dominant. However, the lower Bollinger Band at 76,634 provides strong support. If it cannot break below this level, a second rebound is likely to occur; otherwise, the correction will deepen. As long as the short-term market does not break 76,000, intraday small rebounds can be targeted.

Short-term strategy reference: Follow the major cycle trend, small stop-loss, quick in and out.

Support at 76,300 to 76,500 northbound, stop-loss at 75,800, target 77,600 to 78,000.

Southbound at 77,800 to 78,000 encountering resistance, stop-loss at 78,500, target 76,800 to 76,000.

Another point: markets never lack opportunities; what’s lacking is patience to hold. Don’t rush to chase others’ profits. Trading without a plan will eventually give back to the market. Set proper stop-loss, control position size, earn money you understand, that’s the long-term survival rule in the crypto world. #比特币突破7.9万美元 $BTC