4.16 Analysis

BTC: The recent high is around 86, and yesterday there was a signal of a bearish trend, with the market slowly declining. The current support level is at 83, and if it breaks, it may look towards 75. In terms of operations, pay attention to the resistance at 84-85 above and the support at 825-815 below.

ETH: Ethereum has entered a bottoming phase, which may last for three months, primarily characterized by fluctuations during this period. The daily line is under pressure from the moving averages, and the rebound lacks strength. If the bearish trend in BTC continues, the bottom for ETH may be around 1100. In terms of operations, pay attention to the resistance at 1600-1630 above and the support at 1550-1520 below.

Altcoins: It is recommended to remain in cash and observe, as altcoins may fluctuate downward during Ethereum's bottoming period. Be patient and wait for opportunities. #加拿大推出SolanaETF