4.18 BTC.ETH Intraday Analysis

BTC

For Bitcoin today, the key level is around 84500. From the 4-hour perspective, if it can successfully hold this position, the momentum and strength for further upward movement will significantly increase. Next, there are several key resistance areas to watch closely, namely the range of 86100 - 87250 and the range of 87250 - 88500. If the price successfully breaks through these resistance levels, it may further expand the upside space.

If today’s 4-hour candlestick ultimately closes below 84500, it may indicate insufficient upward momentum, and it is likely that Bitcoin will maintain a sideways consolidation trend, or even experience a certain degree of pullback. In this case, the support levels below become particularly critical, with key attention on around 83000, the area around 81500, and near 80200.

ETH

In today’s analysis for Ethereum, the position of 1590 is a key turning point. If the 4-hour level can successfully hold this price, then a rebound in the 4-hour level might be expected to start. The pressure above should be monitored around 1616, 1656, and 1690. If the price can effectively break through these pressure levels, the upside space may further open up.

If today’s 4-hour level closes without breaking above 1590, it indicates that the strength and sustainability of the current minor-level rebound are in doubt, and it is likely that the price will pull back afterwards. The support levels below to focus on are around 1562, around 1538, and near 1505, where the price may find support.