4.30 BTC/ETH Intraday View:
Yesterday, we provided a low long strategy for everyone, with the market oscillating in a range. Indeed, there are opportunities for both high shorts and low longs! Bitcoin had a maximum rebound to 95,426 and then pulled back, giving us resistance levels of 95,500 and 96,000. So, if someone entered a short position, a pullback to 93,600 could yield a profit of 1,500 points. If the short position was not entered, that's understandable; however, the long position should have been given an opportunity, right? Entering a long at 94,000, and now the price is around 94,700, so the long position is currently in profit.
For Ethereum, the upper pressure levels are 1,830 and 1,860, with a maximum rebound to 1,842 before pulling back, and a minimum of 1,780 where it stopped falling and rebounded. The current price is around 1,800, so if entering a short at 1,830, it's quite easy to gain 30-40 points.
What we can provide here is just the direction and the thinking. How to operate specifically depends on personal insight and execution. Today's thinking remains unchanged and is consistent with yesterday. The upper resistance levels for Bitcoin are 85,500 and 86,000. If the price directly surges and breaks through, then we won't participate in short positions and may even chase the long. However, if it oscillates upward and repeatedly tests without breaking through, then we can participate in short positions with a small stop loss. The lower support levels are 94,000, 93,000, and 92,000, where we can participate in low longs.
For Ethereum, the upper resistance levels are 1,850 and 1,870, while the lower support levels to watch are 1,770, 1,750, and 1,720, where we can lay in wait for low longs.
