The market started the morning with Bitcoin showing a pattern of rising first and then consolidating. After stabilizing around the 67,000 area, it continued with a low-buy (long) mindset, gradually moving upward. Midway through the move, the longs gained clear momentum, and price climbed steadily to around 69,500 before meeting resistance and pulling back. It then entered a high-level consolidation range near the 69,000 area. In the afternoon, although there was a small pullback to around 68,800, it did not form a continuing downtrend. It was quickly absorbed and bought back by incoming funds, so the overall tone still remained in a high-level consolidation rhythm. For Ethereum as well, it relied on the 2050 line for a low-buy (long) and similarly managed to move upward successfully, with the highest reaching around 2145 before being pressured and pulling back. It then repeatedly oscillated around the 2120-2140 range, briefly pulling back to below 2120 in the afternoon before recovering. Overall, its rhythm stayed synchronized with Bitcoin. Previously, the low-buy (long) idea realized profit potential; most of those who followed along with the trend were able to capture a solid stretch of upside gains. The market rhythm provides opportunities—what matters is whether execution is done properly.



From the current technical structure, Bitcoin is trading within a high-level consolidation range. In the short term, resistance in the 69,500-70,000 area is prominent, and multiple attempts to push higher without breaking through indicate that sell pressure is still present above. On the downside, focus on support around the 68,500-68,000 area; as long as it is not broken, it still provides a basis for repeated oscillations. For Ethereum, resistance above at 2150 is effective, and support below is in the 2100-2080 area. From the overall structure, although short-term momentum has slowed somewhat, the pullbacks have not fallen below key supports, indicating that the longs have not completely been lost. Overall, this still looks like strong consolidation rather than a shift to short/bearish. Therefore, the subsequent trading approach should still be centered on low-buy (long) setups. For Bitcoin, you can plan long entries in batches relying on the 68,500-68,800 area. For Ethereum, focus on the 2110-2120 area to participate. Targets continue to look toward the upper resistance zone—if a valid breakout occurs, it may open up new upside space. Trade by following the trend. #Gate广场四月发帖挑战
BTC3,83%
ETH5,63%
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