Good morning on Monday, April 28! ✅️ Market Review Yesterday's blog post wasn't published, but both on Weibo and in the community, the risk of a pullback was emphasized multiple times. Yesterday's overall market trend was a consolidation, with both the main market and altcoin spot markets showing similar movements. ✅️ Today's Market Analysis As mentioned yesterday, the market this morning experienced a small pullback, followed by a gradual recovery. As of now, Bitcoin is priced around 93,400, and Ethereum is priced around 1,770. Today's market is expected to continue with range-bound fluctuations. Here are the key levels for the larger range-bound movement: Bitcoin: 92,000-96,000 Ethereum: 1,700-1,850 The market is expected to maintain a consolidation trend today, with short-term movements still favoring short positions. BTC Resistance: 94,000 / 94,800 / 95,500 Support: 93,000 / 92,500 / 92,000 ETH Resistance: 1,800 / 1,850 / 1,900 Support: 1,760 / 1,720 / 1,680 ✅️ Spot Market and Primary Market In the spot market, we can see that the AI sector has started to pull back. Once the adjustment is complete, it will still be a good entry point, but there's no rush for now. Since the holidays are approaching, it's better to maintain light positions. Here's a recommendation from Yu Ge: TUT The smallest market cap AI meme coin, which is also listed on Binance Spot.
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