April 26 Bitcoin (BTC) and Ethereum (ETH) Price Trends
Bitcoin Price Situation
- On April 25, the price was approximately $95,073, with a 24-hour increase of 2.58%, but the market is bearish, and the funding rate of -0.023% indicates a dominance of short positions.
- On April 26, it did not break through the resistance level of $95,000, with trading volume decreasing by about 30%, indicating insufficient breakout momentum.
- It is speculated that on April 26, it may fluctuate or slightly decline in the range of $82,000 - $95,000, testing the support level of $81,600, with a key resistance at $95,900; without major catalysts, it is difficult to return to $100,000.
- Conclusion: On April 26, it is highly likely to be bearish or fluctuate, paying attention to U.S. stocks and global liquidity.
Ethereum Price Situation
- On April 25, supported by ETF capital inflows, it has been highly volatile recently, around $3,373 at the end of December.
- On April 26, following Bitcoin, it did not break through the resistance level of $1,606, with short-term support near $1,400.
- It is speculated that on April 26, it may fluctuate in the range of $2,000 - $3,500 or experience a slight increase due to ETF capital inflow, influenced by Bitcoin's trend; the market is optimistic in the long term but constrained in the short term.
- Conclusion: On April 26, it may fluctuate or slightly increase, focusing on Bitcoin and ETF capital trends.
Influencing Factors
- Macroeconomic and Policy: Tariffs have increased the correlation between cryptocurrencies and U.S. stocks; if U.S. stocks fall, Bitcoin and Ethereum may be under pressure; signals from the Federal Reserve policy impact market sentiment; the Trump administration's pro-crypto policy boosts long-term confidence, but there is uncertainty in short-term regulation.
- Technical Analysis: Bitcoin's 1-hour rebound has not ended, with strong resistance at the upper Bollinger Band of $95,000, and key support at $81,600; Ethereum's 4-hour decline has not reached its target, with $1,606 as resistance, $1,400 as extreme support, and $2,120 as a key observation point.
- Market Dynamics: Bitcoin and Ethereum ETF capital inflows support long-term and short-term prices respectively; a surge in crypto theft incidents in Q1 2025 may undermine investor confidence on April 26.