#BTC☀
《Data Coming——Current Market Analysis》
The market has been calm in recent days, so much so that it has become numbing; the decline can be supported, while the rise can be suppressed by resistance. The small fluctuations increase the difficulty of operations, and the market still needs an explosive point to ignite market sentiment.
The U.S. March retail sales month-on-month growth was previously 0.2%, the market expectation was 1.3%, and the announced value was 1.4%, which is bearish.
Currently, the trend shows that Bitcoin remains stable above 83,000, with recent resistance around 85,200. The hourly chart shows clear signs of turning upwards; if it can't rise, it will naturally fall, and if it can't fall, the probability of rising increases.
Ethereum is similar, stabilizing above 1,570, with clear signs of turning upwards on the hourly chart. Resistance has moved to around the 1,700 level. Although the previous resistance around 1,670 has weakened in strength, it still exists, and this position should be noted.