2025.4.13.BTC.ETH..Intraday Market Analysis

BTC

Currently, Bitcoin is experiencing a pullback after hitting a high resistance level. The short-term support is around 84000. Short positions can be reduced or exited near this level. The key factor is whether the four-hour closing will fall below 84000. As long as the four-hour closing does not break below this level, there is a possibility for the market to continue pushing higher, with the target resistance still looking at 86000 and 88000. If the four-hour closing falls below 84000, then this wave of four-hour gains will end, and we can look for a second test of lower support around 82800-81800. Conservative long positions can be monitored around these two levels.

ETH

Ethereum has just tested the support at 1598, which is relatively key. As long as the four-hour closing does not break this support, the market will continue to push higher. From the daily chart perspective, it shouldn't drop too much in the short term. The upper resistance to watch is 1630. The one-hour closing needs to break this resistance to add positions again, with targets at 1668 and 1730.

Note ⚠️: Do not blindly add positions before stabilizing above 1630 on the one-hour chart, as it is uncertain whether the four-hour closing will break below 1598. Once the four-hour closing falls below 1598, the market weakens, with lower target support around 1545, 1500, and 1470.