2025.4.14.BTC.ETH.Intraday Market Analysis
BTC
The market is still strong. Last night, there were two dips around the support at 82800, which recovered, completing a four-hour level correction. Today is Monday, and from the weekly perspective, it has not yet retested. Therefore, this wave of increase is only at the four-hour level, with short-term support at 84200. As long as the one-hour close does not fall below this level, the market can continue to look for a rebound, with the upper target resistance initially at 86000 and 88300. If it can reach around 88300, one might consider shorting, as 88300 is a critical support and resistance level. Since Trump has postponed tariffs for 90 days, whether it can rally will depend on these three months. Brothers, remember that once the weekly stabilizes around the 88300 resistance, the market will aggressively liquidate shorts, with expectations between 90000 and 100000. Therefore, shorting should only be considered before the weekly stabilizes around the 88300 resistance. Once the weekly stabilizes around 88300, the strategy needs to change, and do not easily look for shorts. If today’s one-hour close first falls below 84200, there is no need to rush into long positions; wait for around 82000 to attempt a small long position, with protective stop orders in the range of 80000-79000. If it dips into this range, one can establish long positions.
ETH
Currently, ETH is also in a four-hour level upward wave, with short-term support at 1610. As long as the one-hour close does not fall below this level, the market can continue to look for a rebound, with the upper target resistance at 1690 and 1730. If the one-hour level dips below the 1610 support, long positions should exit first, and one should look for lower support at 1560, 1500, and 1470. For a more cautious approach, one can wait to establish positions near the second and third support levels.