April 19 Market Analysis

1. Positive News: Texas is scheduled to hold a hearing on the House Bitcoin Strategic Reserve Bill on April 23, and the state plans to purchase $500 million worth of Bitcoin annually.

2. #BTC走势分析 Current quote 85050. From the current market perspective, we still maintain the previous days' approach, focusing on fluctuations. The market is in a tug-of-war stage between bulls and bears. Today, there are signs of bullish momentum, but without breaking key levels, the overall trend remains within the rectangular range. We are waiting for a change in the market. Intraday focus on resistance at 85500-86000 above and support at 83500 below.

3. ETH Current quote 1602. The trend is basically the same as Bitcoin, in a narrow range of fluctuations. For intraday rebounds, pay attention to resistance at 1615 above. If the bulls gain strength, one can follow the trend to look for 1650-1665 range, with support at 1570-1580 below.

4. Daily Operation Reference

BTC 85500-86000 short, stop loss at 86200, take profit at 84200, 83500

83500-83000 long, stop loss at 82800, take profit at 84500, 85500

#ETH 1610-1615 short, stop loss at 1625, take profit at 1595, 1580

1560-1550 long, stop loss at 1535, take profit at 1590, 1620