4.19 Market Analysis


The hourly bullish trend is actually not broken, but judging from the daily timeframe, 78300 is very likely the top for BTC. Why? As explained in Figure 3—see the previously posted article for details. After the rebound, do short. Based on the current market direction, short from watching the chart is preferred. Compared with right-side trading, left-side trading is relatively safer.

Risk Reminder: Cryptocurrency is extremely volatile. The following are only technical viewpoints and do not constitute investment advice.

$BTC ‌Current Situation

After pulling back to the flag pattern’s upper boundary and then returning back into the flag, it drifts downward in a tedious, frustrating way.

Short-term support: 75453 (currently holding)

Short-term resistance: 75857 (the upper end of the flag)

Key Strategy (Right Side)

Long: Breakout with volume, chase long on the right side at 75855.

Target: 76341 → 77429

Short: Break down with volume below 75360, and after a rebound, it can’t hold—then chase short on the right side.

Target: 73870 → 72068 (4-hour timeframe)

Key levels below

Break 75453 → look at 73426 (lower end of the flag)

Break 73426 → enter a large range 73426–70511 to trade in oscillation

Resistance / Support

Resistance: 75855 → 76341 → 77429

Support: 75302 → 73935 → 72440

Conclusion

It’s still a pullback, not a reversal; the slow, gloomy decline is the most frustrating.

If it doesn’t go above 75855, don’t look for longs; if it doesn’t fall below 75300, don’t look deeply for shorts.
$ETH

Key Strategy

Long:

Break above 2360, chase long on the right side

After a pullback to 2269 with stabilization, it can go long

Left-side pin: 2174 long, stop-loss at 2132

Short:

Break below 2333, chase short on the right side

If it rebounds to 2413, it can be shorted

Timeframe targets

1 hour: Hold above 2360 → 2397 → 2435

4 hours: Break below 2334 → 2275 → 2228

Resistance / Support

Resistance: 2360 → 2397 → 2435

Support: 2332 → 2273 → 2230#比特币价格走势
BTC-2,45%
ETH-3,74%
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