$BTC 4.24 Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions

From the current chart structure, although Bitcoin showed limited volatility in the morning, it remains steadily above the 77,350 support level. The white session repeatedly tested this level without forming an effective breakdown, indicating strong buying support below and gradually diminishing selling pressure. Currently, the price has rebounded to around 77,900, showing clear signs of stabilization and a halt in the decline on the short-term timeframe. On the four-hour chart, consecutive candles with lower shadows appear, with bearish momentum clearly weakening, and bulls beginning to tentatively counterattack.

Technically, 77,350, as a key support confirmed multiple times previously, if held today without breaking, is likely to form a short-term bottom. The MACD fast and slow lines have already formed a golden cross below the zero line, with green histograms starting to expand, and RSI has rebounded from oversold territory back into a neutral to slightly bullish zone, indicating that bulls are accumulating strength. The middle band of the Bollinger Bands is gradually flattening. If the price stabilizes above 77,800, upward space will open—initial target could be the previous high near 78,500, with a breakout potentially testing 79,200 further.

Overall, as long as the 77,350 support holds, the trading strategy today should mainly focus on low buying. The longer the consolidation at higher levels, the more thorough the chip rotation, increasing the probability of an upward breakout. Patience is needed to wait for bullish volume signals to confirm, and it is not advisable to blindly short in this region. Follow the trend with low buys and wait quietly for a new rally to start. #加密市场行情震荡