April 23rd Bitcoin Analysis:
Bitcoin continues to strengthen, breaking through 9 today with a high around 945. Looking at the liquidation map and liquidation information, we can see how many short positions this surge has buried.
From the market perspective, Bitcoin is in a phase of steady increase with small pullbacks. The daily line shows a bullish candle breaking and stabilizing above 913, entering a one-sided market that won't end quickly. We need to see if a retest can break the 913 support. The upper resistance levels are 950-968, and the strategy is to buy low at dips.
For Ethereum, the upper resistance is 1860-1940. The strategy is to attempt light positions around these two levels, focusing mainly on buying at low dips.
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