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4.24 Morning Bitcoin Silk Road
The current price is stable above the middle band, which has shifted from a support level to a short-term indicator of strength and weakness, rising in sync with the price; the upper band and the intraday high of 78,648 form a double resistance zone, which is a key level for short-term breakout. The current price has approached the upper band; 77,603 is the first short-term support, resonating with the dense K-line around the previous low of 76,900.
The Bollinger Bands are in position, with short-term volatility continuously compressed, and the market is in a pre-direction change window. It is highly likely that there will be a volume breakout or a breakdown soon.
Above, look at 78,500-79,000. If encountering resistance and pulling back, try a small short position; if a volume breakout occurs and it stabilizes, go long with the trend, targeting 79,500-80,000.
Below, look at 78,000. If it pulls back without breaking, try a small long position; if volume breaks below 77,600 and closes below, go short with the trend, targeting 76,900-76,500.
Risk reminder: The price has approached the upper Bollinger Band, beware of false breakouts. Operations within the oscillation range should be light, avoiding heavy positions to gamble on the direction. $BTC $ETH #Gate13周年现场直击 #WCTC交易赛瓜分800万USDT #比特币反弹 #以太坊Meme季卷土重来 #美伊二轮谈判进展