April 22 Midday Analysis

$BTC From the low at 74,943.8, a stabilization and bottoming process was completed. Throughout the entire move, the low points rose steadily, forming a continuous bullish breakout rally. The upward trend unfolded seamlessly, and the bullish upward structure was fully opened.

The price moved steadily along the middle band of the Bollinger Bands throughout, continuously holding above the band. It repeatedly tested upward to break through the resistance of the upper band. The Bollinger Bands expanded upward in sync, indicating an extremely healthy bullish trend environment. There were no signs of any pullback breaking down, and the rally has strong momentum.

The MACD double lines rose steadily, remaining in the bullish zone above the zero axis for the long term. The red histogram momentum continued to expand and strengthen. Bullish buying power kept pouring in, providing ample upward momentum on the chart.

The overall bullish structure has been fully established. The uptrend following the trend has a clear and straightforward pace. In the next phase, the bullish strength trend is still expected to continue. The upward space above continues to open up, and pullbacks are excellent opportunities to add positions following the trend. Yifan’s personal suggestion: 74,200-75,000. Target 77,500-78,500. Break 78,500 to look at 80,000 ten-thousand. Long-term 88,000