Market analysis on April 22 #BTC走势分析

1. Affected by news such as tariffs, inflation, and interest rate cuts, the market sentiment is risk-averse. In the short term, we need to be cautious in chasing highs. Pay attention to the progress of tariffs and the progress of the Fed's interest rate cuts, and adjust expectations within the day.

2. BTC is currently quoted at 88250. Yesterday, the US stock market continued to fall, and the big cake did not fall in tandem and went out of the independent market, which is a good signal. In the morning, it rose again to around 89,000. Note that this is the high point of the previous few times. It is not recommended to chase highs. You can participate in short orders to test the resistance strength appropriately. Pay attention to the support situation below 86,000 during the day, and you can participate in long orders to buy and see shocks. Once the upper 89,000 is broken, look at the strong resistance near 92,500.

3. ETH is currently quoted at 1580. It rose simultaneously yesterday, but due to structural suppression, it fell back again, and showed weakness in the callback. In the morning, it even liquidated recent longs. Pay attention to whether the Bitcoin shock Ethereum will go out of the independent market. 1560 is still the current support, and it is effective until it falls below. Pay attention to the resistance brought by 1660 above, and the key horizontal resistance of 1690.

4. Daily operation reference

BTC 86000-85600 long stop loss 85300 take profit 87800, 88500

88800-89100 short stop loss 89500 take profit 86500

#ETH 1570-1560 long stop loss 1550 take profit 1600, 1620, 1660

1680-1690 short stop loss 1699 take profit 1660, 1640