4.25 Morning Market Outlook


From the four-hour chart, Bitcoin encountered resistance at the 79,444 high and has maintained a high-level sideways consolidation, with the pullback never effectively breaking below the key support. This is a consolidation phase within a bullish trend, with strong support and diminishing downward momentum. As long as the current consolidation range's lower boundary holds, the probability of an upward breakout above the previous high remains favorable. Trading-wise, focus on buying on dips, with aggressive traders waiting for a breakout above the range to follow the trend, targeting the previous high of 79,444 and the 80,000 level.

$BTC Bitcoin trading strategy: Buy near 77,500-77,000, target 79,000
Altcoin trading strategy: Buy near 2,300-2,280, target 2,360
BTC1,26%
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