April 22 Market Analysis 📊📊
· Yesterday, BTC experienced a slight increase, maintaining a healthy trend that aligns with recent expectations. Yesterday, the U.S. stock market saw significant declines, but BTC did not follow suit, indicating an independent trend, which is a positive signal. It is important to keep an eye on the tariff process and the Federal Reserve's interest rate cut process. Expecting consolidation within the day.
· The second coin did not follow BTC's upward trend and experienced considerable corrections during the early morning phase. Within the day, pay attention to whether BTC can stabilize. Expecting consolidation; if it stabilizes, a small position can be followed in stages.
BTC's 1-hour and 4-hour levels have returned to a healthy range, while the daily level is below a healthy range. Expecting a slight increase within the day.
Daily support at 86800-86500 📈
Upper resistance at 88650–89350 📉
ETH's 1-hour and 4-hour levels have returned to a healthy range, while the daily level is below a healthy range. Expecting a slight increase within the day.
Daily support at 1485-1535 📈
Upper resistance at 1645-1685 📉
