April 27 Morning

Reviewing last week, the overall idea was quite similar, with significant effects from Auntie Bitcoin, and both long and short positions are present, I feel. The 🧵 is excellent, and the target is very close! Striving to achieve the goal happily for Labor Day this week!

The morning market completely aligns with the prediction, with Bitcoin surging higher and reaching around 78,800. The 15-minute bullish pattern is fully consolidated, and after a brief period of consolidation and volatility, it volume-driven upward movement, with the price steadily above the Bollinger upper band and short-term moving averages.

The MACD double lines continue to form a high-level golden cross, with bullish momentum steadily releasing, and the market sentiment for buying is at its peak. The upward rhythm has already opened. In the short term, focus on the strong support at 78,000 resonance, with short-term resistance looking at the previous high of 78,920. During the surge, minor pullbacks and corrections are likely. Operate with the core idea of following the trend and buying low, and firmly avoid chasing high positions.

Bitcoin: Buy long at 76,800-77,500, with targets sequentially at 78,800—79,800. If the 80k level is effectively broken, the upward space will further expand, aiming for 81,000.