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4.28 BTC Strategy
Looking at the overall market structure, after the price faced resistance and pulled back from the high, it completed a bottoming correction and is currently in a low-range consolidation phase.
This is just the initial stage of a weak rebound; overall, it has not yet broken out of the oscillation range after the decline.
The core resistance zone above is between 78,500 and 79,500.
If the upward movement cannot break through and stabilize with increased volume, the sideways trend will continue, and it’s best to seize the retracement space accordingly.
The key support below is at 76,500.
As long as this support remains solid and stable, it is a good opportunity to position for a bullish move at the low, and to take advantage of the rebound to restore the trend.