DailyMarketUpdate 2025/04/26
📌 Today's Market Review:
🎯 $BTC The daily level is at a position where the trend line resistance overlaps with the horizontal resistance zone. Logically, this position should see a pullback; however, the hourly trend still feels relatively strong, with the bottom continually rising. The direction of long and short positions is still indeterminate, and currently, traders are on edge, making trading very difficult. In the past two days, I have stopped out of 2 trades, as the market lacks continuity.
🎯 $ETH The resistance near 1800 is currently stagnant, but the structure is quite ambiguous, and it is still unclear whether the head and shoulders bottom is valid. Further observation is needed. If it breaks below 1785 to around 1743, the M-top will be established, leading to a short-term pullback. If it holds at 1785 and initiates an upward movement, then the head and shoulders bottom will be established, and there could be another wave of accelerated upward movement.
📬 Feel free to leave a message in the comments about the varieties you want to see, let's look for opportunities together!
