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April 28, 2025, 10:58 AM
Today's BTC trend analysis
1. Review of yesterday's market
After BTC surged to 95300, it fell back and dropped to around 93700, where the first round of rebound occurred. After a rebound high of 94300, it fell again, with a low of 93500 leading to a second rebound, which rose to around 94500 before starting a second round of decline, with a low of 92700 resulting in a rebound!
2. Today's midday market analysis
Trend: After a decline, there is a rebound and consolidation. The consolidation range is between 93800 and 93100, with an overall trend leaning towards a fluctuating decline! Note!! A second round of decline has occurred, and we are in the stage of rebound and consolidation. It is currently advisable to short!
Resistance levels above: 94300, 94800
Support level below: 91800--92300
Pay attention to position management!