2025.4.20 Bitcoin and Ethereum Market Analysis
Bitcoin's current intraday trend is a range-bound upward movement.
The intraday resistance is at 86113, and the support is at the neckline trend support line. The short-term trend is an intraday upward fluctuation.
For intraday trading, enter long at the five-minute level at 85054, with the first target at 86113 and the second target at 88454. 88454 is the dividing line between long and short on the daily chart. If it breaks, consider a long position for the long term; however, until it breaks, only consider shorting at 88454 (consider large-scale long-term short positions). Today's extreme support is at 84679, which can also be a point for entering long with a stop loss at 84500. If it breaks, focus on shorting at higher levels, as shown in the reference image (the image is a one-hour price chart).
Ethereum is in a range-bound oscillation on the one-hour chart.
Long strategy: Short-term support at 1563, target at 1685, absolute support at 1413, with a target of 1685, both can be entry points for long positions.
Short strategy: Resistance at 1685, consider a high cost-performance short position, target at 1413. If it breaks below 1563, short on the rebound to 1413.
Reference image (one-hour level)