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Bitcoin and Ethereum 4.24 Outlook
Bitcoin reached 78,648 last night but couldn't continue rising, facing significant pressure, and the bulls lacked the strength to push higher, resulting in a steady decline in price.
In the early morning, it bottomed out around 76,900, unable to hold the support, then started to rebound and rise.
Currently, the price is fluctuating back and forth in the 78,100-78,200 range, and overall, the short-term trend remains bullish.
This morning, it is likely to test the resistance levels at 78,500-79,000; if buying momentum picks up, it can continue to rise further.
Bitcoin
Buy on dips in the 76,000-77,000 range, first target at 77,800, and if it breaks through strongly, look toward 80,000.
Ethereum
Buy on dips in the 2,270-2,300 range, with a short-term target of 2,330; if the trend strengthens, aim for 2,400.
$BTC $ETH