Dear friends! On April 24, Bitcoin and Ethereum market trends are here~
Bitcoin (BTC) daily uptrend is nearing its end, currently hesitating at the top.
Focus on the 4-hour consolidation range! If it breaks below the lower bound, it will drop.
If it consolidates, observe. 92,900 is the key battleground for bulls and bears!
Long: Buy in batches when it drops to 89,700-90,800, set stop-loss below 88,500.
Target is 93,800-94,900.
Short:
There is resistance at 93,800-94,900, wait for a 4-hour top formation or a significant drop before lightly entering a short position.
Intraday:
If the 4-hour close is consistently pressured at 92,900, then take a light short position, take profit quickly.
Target 91,800. Ethereum (ETH) is stuck at the critical triangle tail.
1770 is the line of life and death! If it can't hold the 4-hour close, it will pull back; if it holds, it will surge directly!
Long: If it closes above 1770, get in decisively, target 1805-1835.
Short: If it breaks below 1740, chase the short down to 1690, set stop-loss above 1760;
Place short orders at 1805-1835, remember to combine with candlestick patterns!
Key point! The market is about to change, do not exceed 10% position size, and make sure to set your stop-loss!
Tonight, US stock market opens with high volatility, be ready for flexible operations~ #TRUMP晚宴