4.1 Bitcoin and Ethereum Market Outlook



Reviewing yesterday's market sentiment, once again precise point-to-point analysis with almost no errors. The market has gained momentum again, currently up by 1.5 BTC, still halfway to the weekly target of 3 BTC. The focus remains on consolidating the gains.

After a deep correction, the market has experienced a recovery and rebound, with short-term volatility leaning bullish. The medium- to long-term trend remains weak, so trading should focus on buying dips and taking profits at higher levels.

The key support zone is between 67,500 and 66,500, which is critical for bulls' defense. Resistance levels are concentrated at 68,300-68,800, with strong resistance at 69,000-69,500. Touching these levels often results in a pullback.

In terms of trading strategy, a rebound to 66,800-67,300 that stabilizes can be a good entry point for long positions, targeting 68,000 to 69,000. Conversely, if the market faces resistance at 68,500-69,500, consider short positions with targets at 67,500 to 66,500, strictly controlling position size and stop-loss. #四月行情预测 #加密市场普遍上涨 #金银同步走强 #BTC #ETH
BTC1,96%
ETH3,68%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin