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4.24 Afternoon Outlook:
Bitcoin current price is 77,748, consolidating within a narrow range around 77,000-78,000, forming a standard contracting triangle on the 4-hour chart.
The daily chart is above the MA7 moving average, MACD continues to narrow above the zero line, and trading volume has significantly decreased, with bulls and bears cautiously confronting each other on the eve of a breakout.
Trading suggestions:
Do not chase longs unless it breaks above 78,200; consider taking partial short positions on a pullback to 77,000.
Avoid heavy positions before a breakout; only take high-probability signals when the trend is clear.
Stick to discipline, catch the trend.
Hu selects coins, leading you to enjoy the benefits of the trend.
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