4.25 Friday Early Morning Bitcoin Ethereum Market Analysis and Trading Suggestions

Today's cryptocurrency market fluctuated like a symphony, while true traders have already composed the volatility into a profitable melody. We once again witnessed the power of top trading thinking resonating in sync with market pulses. The intraday market showed a typical oscillation and repair trend. Bitcoin faced pressure and fell back from a high of 83869, experiencing a downward oscillation before finding support near 91619. In the afternoon, market sentiment warmed, with bulls strongly fighting back, pushing prices up to a peak around 93429. Ethereum's movement synchronized with Bitcoin's rhythm, retreating from a high of 1806 to a low of 1721 before stabilizing and rebounding, reaching a maximum of 1777 in the evening. Xiao Ge accurately grasped the market rhythm throughout the day and strictly executed a trading strategy of following the trend and targeting key levels: short positions were established at 93100 for Bitcoin, exiting at 91900, capturing a 1200-point space; then going long at 91850, closing at 93100 for another 1250-point gain. For Ethereum, a short position at 1785 was closed at 1725, capturing 60 points; a second long position at 1730 was closed at 1775, earning 45 points. Today's trading strategy was executed effectively, achieving a double kill in both long and short positions, resulting in substantial profits.

After five consecutive daily gains for Bitcoin, a small hammer candlestick retracement appeared today; this pattern belongs to a typical corrective trend. From a technical perspective, this small candlestick with a long lower shadow indicates that after a high surge, a brief profit-taking occurred, but the buying support below remains strong, with no significant selling pressure or long candlestick breakdown, indicating that it is still in a healthy upward trend, and the bullish pattern has not fundamentally changed. The 4-hour chart shows that after a series of upward movements, the price entered a horizontal consolidation phase, exhibiting an alternating oscillation pattern. Currently, the price is fluctuating narrowly around the key pivot point of 93000, and this retracement occurred after breaking through 94900, which is a typical technical correction. In the short term, if the price can hold the support area of 91500-92000, it is expected to continue the oscillating upward trend. The key resistance level above is at 95000; breaking through this will open up new upward space. In the early morning, treat the pullback with a long strategy, first look for a correction before entering long.

Bitcoin: Buy near 92500 Short-term target 94500

Ethereum: Buy near 1740 Short-term target 1850