2024.4.26 Both Bitcoin and Ethereum have entered a complex adjustment, and a clearer rise is needed to define a new trend

Bitcoin has adjusted for more than a month since its high of 73777, and has not gone out of a more obvious rising waveform. Even if the rising ABC Z-shaped, most of them are N or M. So for the future market, more patience is needed to wait for the adjustment to determine the end signal;

The role of technical analysis is not to predict future trends. Technical analysis is used to divide or classify previous or current trends. The purpose is to find out the necessary breaking "circle" trend to change the current situation. Once the old situation is successfully changed at a key position, the volatility will increase.

Then it is to formulate a trading plan. What should be done if it is in line with expectations, and what should be done if it is not in line with expectations.

In this way, our trading model comes out

The following content is only personal operation logic, for reference, and does not constitute an operation suggestion. Please be responsible for your own position!

The band trend analysis at the daily level is as follows, for reference only by holders.

【Full Stars 5】

Bitcoin (BTC):

Daily Trend: Bullish 5

Hourly Trend: Adjustment 1

Hourly Adjustment or Breakthrough: Adjustment 5

Today, the bottom position of the bullish trend is closed. It is more about patiently waiting for the market to move out of a clearer bullish or bearish wave. It is recommended to wait and see at present.

The recent pressure point of BTC is 65500;

The downward risk point is 63200, and a break below it may trigger an accelerated adjustment;

sol

The overall trend is slightly stronger than BTC. It can be seen that the market is more differentiated, and many altcoins are more resistant to declines than BTC;

After sol falls below 145, temporarily sell the bottom position of the band bullish;

The pressure point is 156; if it is higher than 150, it will start to strengthen; if it can stand above 156 again, continue to take back the bottom position;

near

The bottom position of about 6.2 entered on April 21, plus the position of breaking through 7.3, is held;

Today's short-term support is around 6.6, and the limit stop loss is placed at 6.4; $BTC $SOL $NEAR