4.22 BTC.ETH Intraday Analysis

Good afternoon, brothers! Let's briefly discuss the situation with Bitcoin and Ethereum.

Last night, Bitcoin surged and then retraced, hitting a low of 86300. The defensive support level I mentioned before, 86000, was not broken by 300 🔪. This morning, it surged again to 88800, and the small-level patterns are still present. In the short term, pay attention to the support at 87737, with a defense at 87000. An hourly close should not be below 87737; if it holds, Bitcoin may surge, targeting 88800, 89500, and 91000. If it breaks 87737, it might oscillate, and the momentum could weaken; if the four-hour close breaks 87000, this upward move may end, and we can give up on the patterns, focusing on the support levels below at 86000 and 85100.

Ethereum spiked last night, hitting a low of 1535, significantly increasing the probability of breaking into the top ten. Currently, there is a demand for a rebound in the one-hour timeframe, with a defensive support at 1565. If it closes above this level, it is unlikely to make a significant downward move again in the short term, with a target above at 1600. After stabilizing at 1600 on the four-hour timeframe, the rebound strength may increase, targeting 1630 and 1660. If the one-hour close falls below 1565, we can give up on the patterns, focusing on the support levels below at 1535, 1505, and 1470. #比特币 #区块链