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April 27 Evening Market Review
Early this morning, Bitcoin started slowly climbing from 77,777, reaching 79,400 before being pushed back down, with a low of 77,400 to shake out some traders. Now it’s consolidating around 77,700.
From the hourly chart, it shows a stair-step upward pattern, with each rebound accompanied by volume, indicating the bulls are still energetic. Next, watch whether it can break through 79,000. Overall, it’s a phase of rising sharply then pulling back to shake out traders and gather strength; as long as the support below holds, the rebound structure remains intact. Don’t chase the high; wait for a pullback to enter.
Trading suggestions:
· Bitcoin: Buy in stages at 77,000-77,500, first target 78,500-79,000, break through to 80,000
· Ethereum: Buy in stages at 2,290-2,310, first target 2,350-2,380, break through to 2,420
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