$ETH 2025.4.20 Pancake Ethereum Trend Analysis

Bitcoin's current intraday trend is showing a range-bound upward movement

The intraday resistance is at 86113 and the support is at the neckline trend support line. The short-term trend is an intraday upward fluctuation.

Enter a long position at the five-minute level at 85054, with the first target at 86113 and the second target at 88454. 88454 is the dividing line between long and short on the daily chart; if it breaks, consider a long position for the long term. However, before the breakout, only consider shorting at 88454 (considering a large-scale long-term short position). Today's extreme support is at 84679, which can also be used as an entry point for long positions with a stop-loss at 84500. If it falls below, focus on shorting on the highs, as referenced in the accompanying image (the image shows the hourly price).