4.27-Market Analysis

BTC: From the technical perspective, this pullback does not seem to be a short-term pin market, but a real market adjustment. From the current daily rhythm, we can see that the recent market has continued to decline and has been weak, and the rebound strength in the downward trend is also very small. The decline has not yet ended. From the four-hour level, the bears continue to increase their downward momentum and continue to be high. The upper pressure is around 64,000 and the lower support is around 61,000.

ETH: The daily moving average is still in a short position, OBV is continuing to weaken, and the MA moving average continues to suppress downward. The upper pressure is around 3160 and the lower support is around 3010.