Gu Jingci: Bitcoin/Ethereum surged again on April 27th; watch for resistance above.

Bitcoin/Ethereum surged last night, reaching highs of around 79,500 and 2,400 respectively, marking a significant upward move after three consecutive days of sideways consolidation. The market is currently near a crucial juncture, particularly for Bitcoin, where the 79,500-80,000 level presents significant resistance. A breakout with increased volume would open up further upside potential, and Ethereum could see another rally. However, without a firm hold above this resistance level, chasing the price higher is not advisable. The 4-hour and 8-hour charts show multiple pullbacks to this level, suggesting a potential double-top formation. If a breakout and hold above this level fails, the strategy remains to sell on rallies. Trading advice: Those holding short positions can continue to hold patiently or add to their positions if their leverage is sufficient. Consider shorting at the current price of around 79,100 and 2,395, with targets of 76,000-77,000 and 2,250-2,300 respectively. We're here every day, not to prove a high win rate, but simply to assure you that our team is always present, monitoring the market 24/7, professional and reliable. The analysis and strategies provided are for reference only. Please assume all risks. The review and publication of this article may not be timely. Please refer to the real-time updates.