4.18 BTC. ETH Early Morning Highlights

BTC

During the nighttime trading session, the key level to watch for BTC is 84250. From a technical analysis perspective, only if BTC successfully remains above the 84250 level on the 4-hour candlestick chart will there be a potential for stronger upward momentum. At this point, a series of resistance levels above need to be closely monitored, mainly concentrated around the price ranges of 86100, 87250, and 88500. These levels may form significant resistance for further upward movement.

Conversely, if at the end of the nighttime 4-hour candlestick, BTC fails to stay above the 84250 level, it may likely indicate weak upward momentum. In this case, the BTC market will most likely maintain a sideways consolidation or experience a certain degree of pullback. The important support levels below that need attention are around 83000, 81500, and 80200, where there may be some support for the price.

ETH

Similarly, during the nighttime trading, the key level to pay attention to is 1590. Only if it successfully stabilizes above the 1590 level in the 4-hour candlestick performance will the subsequent upward movement be more convincing, and the upward strength will also be more anticipated. The pressure areas above to focus on are the price ranges around 1624, 1656, and 1690, as these levels may become obstacles in the upward path.

If at the end of the nighttime 4-hour candlestick it fails to stay above the 1590 level, this may indicate insufficient upward momentum. In this scenario, the price may become trapped in sideways fluctuations or experience a pullback. The important support areas below will be around 1562, 1538, and 1504, where support may be sought near these price levels.