4.10 Midday Market Analysis

Bitcoin surged higher, testing the previous high with a false spike and no solid footing at the key resistance level, indicating a bullish consolidation. The overall upward trend remains strong. Support levels have repeatedly bottomed out and stabilized, forming a clear bullish reversal pattern. After breaking through resistance, prices continued to rise, signaling strong bullish momentum.
Do not blindly guess the top at high levels and short against the trend; following the trend to buy on dips is the main strategy. As long as the key support holds, the upward structure will not be broken, and stabilizing above the previous high can open a new round of upward space.
Ethereum experienced a short-term surge followed by a pullback correction. As long as the core support is maintained, the bullish outlook remains unchanged. A rebound and stabilization at support levels can be followed with long positions, with strict stop-loss risk management throughout.

Trading Suggestions

Buy in batches around 71,000-71,500 for Bitcoin, targeting around 73,000-73,500.

Buy in batches around 2,160-2,180 for Ethereum, targeting around 2,240-2,280.